tTech is back Carib Producers exits TOP 10

tTech is a new entrant to the Junior Market TOP 10 stocks and replaces Caribbean Producers that has been in the TOP 10 for several months.
Caribbean Producers closed at a 52 weeks high of $5 at the end of last week and fell out of the TOP 10. PanJam Investment price moved to $43 and just held on in the main market TOP 10. The price of Palace Amusement fell during the week to end at $1,000 and moved up on the top ten list as a result. Caribbean Cement price dropped sharply from $42 in the previous week to $35, but closed with the bid at $37.95 and moved into the number 5 spot as a result.
Cable & Wireless is unofficially the number one rated stock in the main market list based on IC Insider.com forecast, of profit for the current year, flowing from increased revenues and a sharp fall in interest cost. Uncertainty surrounding continued listing keeps it off the official list.
At the close of Friday, the average PE ratio for Junior Market Top stocks ended at 6.5 compared to an average PE for the overall main market is 10 based on 2018 estimated earnings. The main market PE is 6.6 for the top stocks compared to a market average of 12.
IC Insider.com’s TOP 10 stocks now trade at an average discount of 36 percent to the average for the Junior Market Top stocks but it’s a third of what the average PE for the year is likely to be, 20 times earnings and main market stocks traded at a discount of 46 percent to the market.

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