Shares of Ingram Micro Rank the Highest in Terms of PEG Ratio in the Technology Distributors Industry (IM, TECD, ELRC, SCSC, PCCC)
Below are the three companies in the Technology Distributors 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.
Ingram Micro ranks highest with a a PEG ratio of 6.87. Tech Data is next with a a PEG ratio of 2.26. Electro Rent ranks third highest with a a PEG ratio of 2.07.
Scansource follows with a a PEG ratio of 1.93, and PC Connection rounds out the top five with a a PEG ratio of 1.80.
SmarTrend recommended that subscribers consider buying shares of Electro Rent on May 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $10.13. Since that recommendation, shares of Electro Rent have risen 53.1%. We continue to monitor Electro Rent for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest peg ratio ingram micro tech data electro rent scansource pc connection