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

By Shiri Gupta

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 subscribers consider buying shares of Anixter Intl Inc on September 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $62.50. Since that recommendation, shares of Anixter Intl Inc have risen 37.3%. We continue to monitor Anixter Intl Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): PLUS SYX SCSC AVT AXE