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