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

By David Diaz

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 40.2%. Following is General Electric with a future earnings growth of 17.9%. Roper Industries ranks third highest with a future earnings growth of 9.2%.

3M follows with a future earnings growth of 9.1%, and Carlisle Cos rounds out the top five with a future earnings growth of 9.0%.

SmarTrend recommended that subscribers consider buying shares of 3M on November 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $170.92. Since that recommendation, shares of 3M have risen 19.6%. We continue to monitor 3M for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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