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Highest Future Earnings Growth in the Industrial Conglomerates Industry Detected in Shares of Raven Industries (RAVN, GE, DHR, ROP, MMM)

By Nick Russo

Below are the three companies in the Industrial Conglomerates industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Raven Industries ranks highest with a future earnings growth of 30.6%. Following is General Electric with a future earnings growth of 16.1%. Danaher ranks third highest with a future earnings growth of 14.4%.

Roper Industries follows with a future earnings growth of 10.6%, and 3M rounds out the top five with a future earnings growth of 9.7%.

SmarTrend recommended that subscribers consider buying shares of Raven Industries on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.63. Since that recommendation, shares of Raven Industries have risen 32.8%. We continue to monitor Raven Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest future earnings growth raven industries General Electric danaher roper industries 3M