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Highest Forward Earnings Yield in the Health Care Distributors Industry Detected in Shares of Aceto Corp (ACET, OMI, MCK, CAH, ABC)

By James Quinn

Below are the three companies in the Health Care Distributors industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.

Aceto Corp ranks highest with a forward earnings yield of 20.6%. Owens & Minor is next with a forward earnings yield of 12.9%. Mckesson Corp ranks third highest with a forward earnings yield of 10.0%.

Cardinal Health follows with a forward earnings yield of 9.8%, and Amerisourceberge rounds out the top five with a forward earnings yield of 7.8%.

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Keywords: highest forward earnings yield aceto corp owens & minor McKesson Corp Cardinal Health amerisourceberge

Ticker(s): ACET OMI MCK CAH ABC