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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 Shiri Gupta

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%. Zagg is next 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 Universal Electronics on September 12th, 2016 by issuing a Downtrend alert when the shares were trading at $73.46. Since that call, shares of Universal Electronics have fallen 3.7%. 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