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Shares of Staar Surgical Rank the Highest in Terms of PEG Ratio in the Health Care Supplies Industry (STAA, ALR, NEOG, HAE, WST)

By Amy Schwartz

Below are the three companies in the Health Care Supplies 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.

Staar Surgical ranks highest with a a PEG ratio of 0.21. Alere Inc is next with a a PEG ratio of 0.07. Neogen Corp ranks third highest with a a PEG ratio of 0.05.

Haemonetics Corp follows with a a PEG ratio of 0.04, and West Pharmaceut rounds out the top five with a a PEG ratio of 0.04.

SmarTrend recommended that subscribers consider buying shares of Alere Inc on November 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.98. Since that recommendation, shares of Alere Inc have risen 30.8%. We continue to monitor Alere Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest peg ratio staar surgical :alr alere inc neogen corp haemonetics corp west pharmaceut