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TMCNet:  Jarden has the Highest P/E Ratio in the Housewares & Specialties Industry (JAH, TUP, NWL, ACU, LBY)

[July 10, 2013]

Jarden has the Highest P/E Ratio in the Housewares & Specialties Industry (JAH, TUP, NWL, ACU, LBY)

Jul 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Housewares & Specialties industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Jarden ranks highest with a a P/E ratio of 21.18. Tupperware Brands is next with a a P/E ratio of 16.73. Newell Rubbermaid ranks third highest with a a P/E ratio of 16.01.

Acme United follows with a a P/E ratio of 11.39, and Libbey rounds out the top five with a a P/E ratio of 11.01.

SmarTrend recommended that subscribers consider buying shares of Libbey on May 2nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $14.95. Since that recommendation, shares of Libbey have risen 69.8%. We continue to monitor Libbey for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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