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Us Bancorp has the Highest Price to Forward Sales in the Diversified Banks Industry (USB, JPM, BAC, WFC, C)

By Shiri Gupta

Below are the three companies in the Diversified Banks industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Us Bancorp ranks highest with a a price to forward sales ratio of 4.06. Jpmorgan Chase is next with a a price to forward sales ratio of 3.83. Bank Of America ranks third highest with a a price to forward sales ratio of 3.46.

Wells Fargo & Co follows with a a price to forward sales ratio of 2.89, and Citigroup Inc rounds out the top five with a a price to forward sales ratio of 2.43.

SmarTrend recommended that subscribers consider buying shares of Wells Fargo & Co on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $50.02. Since that recommendation, shares of Wells Fargo & Co have risen 7.2%. We continue to monitor Wells Fargo & Co for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to forward sales us bancorp JPMorgan Chase Bank of america wells fargo & co citigroup inc

Ticker(s): USB JPM BAC WFC C