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Highest Future Earnings Growth in the Technology Distributors Industry Detected in Shares of Eplus Inc (PLUS, SYX, SCSC, AVT, AXE)

By David Diaz

Below are the three companies in the Technology Distributors 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.

Eplus Inc ranks highest with a future earnings growth of 22.7%. Following is Systemax Inc with a future earnings growth of 17.3%. Scansource Inc ranks third highest with a future earnings growth of 15.2%.

Avnet Inc follows with a future earnings growth of 11.6%, and Anixter Intl Inc rounds out the top five with a future earnings growth of 11.2%.

SmarTrend recommended that its subscribers protect gains by selling shares of Eplus Inc on May 13th, 2019 by issuing a Downtrend alert when the shares were trading at $88.30. Since that call, shares of Eplus Inc have fallen 21.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest future earnings growth eplus inc systemax inc scansource inc avnet inc anixter intl inc

Ticker(s): PLUS SYX SCSC AVT AXE