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Shares of General Electric Rank the Lowest in Terms of Price to Forward Sales in the Industrial Conglomerates Industry (GE, CSL, RAVN, HON, MMM)

By James Quinn

Below are the three companies in the Industrial Conglomerates industry with the lowest 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.

General Electric ranks lowest with a a price to forward sales ratio of 0.49. Following is Carlisle Cos Inc with a a price to forward sales ratio of 1.44. Raven Industries ranks third lowest with a a price to forward sales ratio of 1.59.

Honeywell Intl follows with a a price to forward sales ratio of 2.13, and 3M Co rounds out the bottom five with a a price to forward sales ratio of 2.19.

SmarTrend recommended that its subscribers protect gains by selling shares of General Electric on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $11.83. Since that call, shares of General Electric have fallen 40.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to forward sales General Electric carlisle cos inc raven industries honeywell intl 3m co

Ticker(s): GE CSL RAVN HON MMM