Highest P/E Stocks Making Gains: (HEW, BWEN, ENTR, AIPC, CSE)
July 13th, 2010 at 7:05 am Posted by
The Dean wants all students to check out these 5 stocks trading with a high price/earnings ratio:
Hewitt Associates, Inc. (NYSE: HEW) operates within the United States and United Kingdom, providing HR consultant and management services. HEW’s has a low forward P/E of 14.44. On July 12, 2010 the price of HEW’s stock jumped to $46.79. The previous day’s close was $35.40. This increase of $11.39 represents an increase of 32.2%. This jump also coincided with an announcement of a buy-out by Aon Corporation. HEW’s forward P/E ratio is 13.17.
Broadwind Energy Inc. (NASDAQ: BWEN) builds wind towers, provides engineering services, and manufacturers precision gearing systems for clients within the United States. BWEN’s stock price dropped 4.8% or 16 cents on July 12th 2010. The new trading price settled at $3.16.
Entropic Communications, Inc. (NASDAQ: ENTR) operates as a semi-conductor company. ENTR engages in the design and development devices that enhance home entertainment. July 12th 2010 closed at $6.70, down 20 cents (-2.9%) from the previous day’s close. ENTR’s forward P/E ratio is currently14.26.
American Italian Pasta Company (NASDAQ: AIPC) is a wholesale producer of a variety of pastas within the United States. AIPC produces bulk and retail size, for resell, for name brands as well as private labels. AIPC dropped 5 cents on July 12th 2010 to a value of $52.90. This is a small setback for stockholders who saw AIPC jump more than 25% less than a month ago when it was announced that the company would be acquired by Ralcorp Holdings. AIPC’s forward P/E is 13.67.
CapitalSource, Inc. (NYSE: CSE) is a specialty finance corporation working in four divisions: Corporate Finance, Healthcare, Specialty Finance, and Structured Finance. CSE’s stock price fell to $5.26 on July 12th 2010, a drop of 3 cents or .6%. CSE’s forward P/E ratio is 14.61.
