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Top 5 Companies in the Industrial Conglomerates Industry With the Highest Forward Earnings Yield (GE, CSL, HON, MMM, ROP)

By James Quinn

Below are the three companies in the Industrial Conglomerates 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.

General Electric ranks highest with a forward earnings yield of 6.6%. Carlisle Cos Inc is next with a forward earnings yield of 5.7%. Honeywell Intl ranks third highest with a forward earnings yield of 5.3%.

3M Co follows with a forward earnings yield of 4.5%, and Roper Technologi rounds out the top five with a forward earnings yield of 4.0%.

SmarTrend recommended that its subscribers protect gains by selling shares of General Electric on January 18th, 2018 by issuing a Downtrend alert when the shares were trading at $17.12. Since that call, shares of General Electric have fallen 14.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward earnings yield General Electric carlisle cos inc honeywell intl 3m co roper technologi