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Garmin Ltd is Among the Companies in the Consumer Electronics Industry With the Highest Return on Equity (GRMN, HAR, ZAGG, UEIC, GPRO)

By James Quinn

Below are the three companies in the Consumer Electronics industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Garmin Ltd ranks highest with a ROE of 1,931.3%. Following is Harman Intl with a ROE of 1,450.8%. Zagg Inc ranks third highest with a ROE of 232.5%.

Universal Elec follows with a ROE of -386.6%, and Gopro Inc-Cl A rounds out the top five with a ROE of -4,905.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Gopro Inc-Cl A on October 16th, 2017 by issuing a Downtrend alert when the shares were trading at $9.32. Since that call, shares of Gopro Inc-Cl A have fallen 39.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity garmin ltd :har harman intl zagg inc universal elec gopro inc-cl a