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Relatively High Price to Forward Sales Detected in Shares of Palo Alto Networ in the Communications Equipment Industry (PANW, UBNT, IDCC, ANET, CSCO)

By Shiri Gupta

Below are the three companies in the Communications Equipment 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.

Palo Alto Networ ranks highest with a a price to forward sales ratio of 7.87. Ubiquiti Network is next with a a price to forward sales ratio of 7.21. Interdigital Inc ranks third highest with a a price to forward sales ratio of 6.27.

Arista Networks follows with a a price to forward sales ratio of 5.50, and Cisco Systems rounds out the top five with a a price to forward sales ratio of 4.18.

SmarTrend recommended that its subscribers protect gains by selling shares of Ubiquiti Network on August 2nd, 2019 by issuing a Downtrend alert when the shares were trading at $122.06. Since that call, shares of Ubiquiti Network have fallen 9.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest price to forward sales palo alto networ ubiquiti network interdigital inc arista networks Cisco Systems

Ticker(s): PANW UBNT IDCC ANET CSCO