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Highest Return on Equity in the Electronic Equipment & Instruments Industry Detected in Shares of Electro Sci Inds (ESIO, COHR, CGNX, ZBRA, MTSC)

By James Quinn

Below are the three companies in the Electronic Equipment & Instruments 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.

Electro Sci Inds ranks highest with a ROE of 5,657.1%. Coherent Inc is next with a ROE of 2,136.6%. Cognex Corp ranks third highest with a ROE of 1,616.0%.

Zebra Tech Corp follows with a ROE of 1,328.8%, and Mts Systems Corp rounds out the top five with a ROE of 1,318.5%.

SmarTrend recommended that subscribers consider buying shares of Electro Sci Inds on October 30th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $27.79. Since that recommendation, shares of Electro Sci Inds have risen 7.9%. We continue to monitor Electro Sci Inds for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity electro sci inds coherent inc cognex corp zebra tech corp mts systems corp

Ticker(s): ESIO COHR CGNX ZBRA MTSC