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Relatively High Return on Equity Detected in Shares of Ipg Photonics in the Electronic Manufacturing Services Industry (IPGP, PKE, FN, TTMI, MEI)

By James Quinn

Below are the three companies in the Electronic Manufacturing Services 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.

Ipg Photonics ranks highest with a ROE of 1,988.8%. Following is Park Electrochem with a ROE of 1,294.9%. Fabrinet ranks third highest with a ROE of 1,282.6%.

Ttm Technologies follows with a ROE of 1,056.5%, and Methode Elec rounds out the top five with a ROE of 780.2%.

SmarTrend recommended that subscribers consider buying shares of Methode Elec on August 27th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $28.66. Since that recommendation, shares of Methode Elec have risen 28.6%. We continue to monitor Methode Elec for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity ipg photonics park electrochem fabrinet ttm technologies methode elec

Ticker(s): IPGP PKE FN TTMI MEI