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Highest Return on Equity in the Application Software Industry Detected in Shares of Aspen Technology (AZPN, MANH, MSTR, INTU, BSQR)

By Amy Schwartz

Below are the three companies in the Application Software 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.

Aspen Technology ranks highest with a ROE of 166.9%. Following is Manhattan Associates with a ROE of 52.0%. MicroStrategy ranks third highest with a ROE of 25.3%.

Intuit follows with a ROE of 21.0%, and Bsquare rounds out the top five with a ROE of 20.5%.

SmarTrend recommended that subscribers consider buying shares of Aspen Technology on February 19th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.24. Since that recommendation, shares of Aspen Technology have risen 38.6%. We continue to monitor Aspen Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity aspen technology manhattan associates microstrategy Intuit bsquare