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Relatively Low PEG Ratio Detected in Shares of Avnet in the Technology Distributors Industry (AVT, ELRC, PLUS, ARW, PCCC)

By Shiri Gupta

Below are the three companies in the Technology Distributors industry with the lowest 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.

Avnet ranks lowest with a a PEG ratio of 1.03. Electro Rent is next with a a PEG ratio of 1.33. ePlus ranks third lowest with a a PEG ratio of 1.36.

Arrow Electronics follows with a a PEG ratio of 1.50, and PC Connection rounds out the bottom five with a a PEG ratio of 1.57.

SmarTrend recommended that its subscribers protect gains by selling shares of Avnet on April 29th, 2016 by issuing a Downtrend alert when the shares were trading at $40.90. Since that call, shares of Avnet have fallen 4.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest peg ratio avnet electro rent eplus arrow electronics pc connection