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Wednesday, August 3, 2011

Undervalued Stock Detected (NYSE: AET)

Shares of AET fell by 2.78% or $-1.12/share to $39.17. Aetna Inc. is trading at a price to book ratio of 1.5. The PEG is 0.76 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.45. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4476900 shares of AET exchange hands on a given day and today's volume is recorded at 5686865. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Aetna Inc. (Aetna) is a diversified health care benefits company, serving approximately 35.