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Shares of Netapp Inc Rank the Highest in Terms of Projected Earnings Growth in the Technology Hardware, Storage & Peripherals Industry (NTAP, AAPL, HPQ, NCR, XRX)

By David Diaz

Below are the three companies in the Technology Hardware, Storage & Peripherals industry with the highest projected earnings growth. The growth of earnings per share (current fiscal year estimated vs. last year actual) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Netapp Inc ranks highest with a projected earnings growth of 25.5%. Apple Inc is next with a projected earnings growth of 25.0%. Hp Inc ranks third highest with a projected earnings growth of 19.0%.

Ncr Corp follows with a projected earnings growth of 3.9%, and Xerox Corp rounds out the top five with a projected earnings growth of 2.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Xerox Corp on January 27th, 2020 by issuing a Downtrend alert when the shares were trading at $34.82. Since that call, shares of Xerox Corp have fallen 51.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest projected earnings growth netapp inc apple inc hp inc NCR Corp xerox corp

Ticker(s): NTAP AAPL HPQ NCR XRX