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Highest Return on Equity in the Consumer Electronics Industry Detected in Shares of Gen-Probe (GPRO, ZAGG, GRMN, HAR, UEIC)

By David Diaz

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.

Gen-Probe ranks highest with a ROE of 32.6%. Following is Zagg with a ROE of 19.2%. Garmin ranks third highest with a ROE of 16.5%.

Harman International Industries follows with a ROE of 16.5%, and Universal Electronics rounds out the top five with a ROE of 10.1%.

SmarTrend recommended that its subscribers protect gains by selling shares of Zagg on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $8.34. Since that call, shares of Zagg have fallen 11.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity amex:gpro Gen-Probe Garmin harman international industries universal electronics