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

By Amy Schwartz

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 subscribers consider buying shares of Garmin on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $44.43. Since that recommendation, shares of Garmin have risen 24.0%. We continue to monitor Garmin for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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