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Top 5 Companies in the Semiconductor Equipment Industry With the Highest Forward Earnings Yield (TSRA, LRCX, NVMI, PLAB, TER)

By James Quinn

Below are the three companies in the Semiconductor Equipment 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.

Tessera Technologies ranks highest with a forward earnings yield of 6.3%. Following is Lam Research with a forward earnings yield of 6.2%. Nova Measuring Instruments ranks third highest with a forward earnings yield of 5.8%.

Photronics follows with a forward earnings yield of 5.6%, and Teradyne rounds out the top five with a forward earnings yield of 5.2%.

SmarTrend recommended that subscribers consider buying shares of Teradyne on June 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.01. Since that recommendation, shares of Teradyne have risen 14.1%. We continue to monitor Teradyne for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward earnings yield tessera technologies lam research nova measuring instruments photronics Teradyne

Ticker(s): TSRA LRCX NVMI PLAB TER