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Iridium Communic has the Highest Return on Equity in the Alternative Carriers Industry (IRDM, CTL, GSAT, ZAYO, VG)

By James Quinn

Below are the three companies in the Alternative Carriers 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.

Iridium Communic ranks highest with a ROE of 1,510.6%. Following is Centurylink Inc with a ROE of 729.8%. Globalstar Inc. ranks third highest with a ROE of 705.1%.

Zayo Group Holdi follows with a ROE of 563.5%, and Vonage Holdings rounds out the top five with a ROE of -320.0%.

SmarTrend recommended that subscribers consider buying shares of Vonage Holdings on February 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $9.55. Since that recommendation, shares of Vonage Holdings have risen 35.6%. We continue to monitor Vonage Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity iridium communic centurylink inc :gsat globalstar inc. zayo group holdi vonage holdings

Ticker(s): IRDM CTL ZAYO VG