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Relatively High PEG Ratio Detected in Shares of US Bancorp in the Diversified Banks Industry (USB, CMA, JPM, WFC, BAC)

By David Diaz

Below are the three companies in the Diversified Banks industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

US Bancorp ranks highest with a a PEG ratio of 2.38. Comerica is next with a a PEG ratio of 1.75. JPMorgan Chase ranks third highest with a a PEG ratio of 1.47.

Wells Fargo follows with a a PEG ratio of 1.08, and Bank of America rounds out the top five with a a PEG ratio of 0.44.

SmarTrend recommended that subscribers consider buying shares of Bank of America on July 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.35. Since that recommendation, shares of Bank of America have risen 10.1%. We continue to monitor Bank of America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest peg ratio us bancorp Comerica JPMorgan Chase wells fargo Bank of america