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Shares of Tech Data Corp Rank the Lowest in Terms of Price to Forward Sales in the Technology Distributors Industry (TECD, SCSC, SNX, ARW, NSIT)

By Nick Russo

Below are the three companies in the Technology Distributors industry with the lowest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Tech Data Corp ranks lowest with a a price to forward sales ratio of 0.13. Scansource Inc is next with a a price to forward sales ratio of 0.13. Synnex Corp ranks third lowest with a a price to forward sales ratio of 0.15.

Arrow Electronic follows with a a price to forward sales ratio of 0.15, and Insight Enterpri rounds out the bottom five with a a price to forward sales ratio of 0.19.

SmarTrend recommended that its subscribers protect gains by selling shares of Arrow Electronic on February 24th, 2020 by issuing a Downtrend alert when the shares were trading at $75.50. Since that call, shares of Arrow Electronic have fallen 30.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to forward sales tech data corp scansource inc synnex corp arrow electronic insight enterpri

Ticker(s): TECD SCSC SNX ARW NSIT