Top 5 Companies in the Health Care Distributors Industry With the Highest Forward Earnings Yield (ACET, MCK, ABC, CAH, PMC)
Below are the three companies in the Health Care Distributors industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.
Aceto ranks highest with a forward earnings yield of 8.2%. Following is McKesson with a forward earnings yield of 7.7%. AmerisourceBergen ranks third highest with a forward earnings yield of 7.3%.
Cardinal Health follows with a forward earnings yield of 6.9%, and PharMerica rounds out the top five with a forward earnings yield of 5.9%.
SmarTrend recommended that subscribers consider buying shares of PharMerica on August 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.15. Since that recommendation, shares of PharMerica have risen 11.2%. We continue to monitor PharMerica for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward earnings yield aceto McKesson AmerisourceBergen Cardinal Health pharmerica