Highest Return on Equity in the Automobile Manufacturers Industry Detected in Shares of Winnebago Industries (WGO, THO, F, GM, TSLA)
Below are the three companies in the Automobile Manufacturers 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.
Winnebago Industries ranks highest with a ROE of 19.9%. Following is Thor Industries with a ROE of 19.5%. Ford Motor ranks third highest with a ROE of 17.8%.
General Motors follows with a ROE of 12.1%, and Tesla Motors Inc rounds out the top five with a ROE of -56.8%.
SmarTrend recommended that subscribers consider buying shares of Thor Industries on July 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $68.42. Since that recommendation, shares of Thor Industries have risen 12.0%. We continue to monitor Thor Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest return on equity winnebago industries thor industries ford motor General Motors tesla motors inc