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Top 5 Companies in the Electronic Equipment & Instruments Industry With the Highest Return on Equity (CGNX, MTSC, HOLI, FLIR, BMI)

By James Quinn

Below are the three companies in the Electronic Equipment & Instruments 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.

Cognex ranks highest with a ROE of 25.2%. MTS Systems is next with a ROE of 18.6%. Hollysys Automation Technologies ranks third highest with a ROE of 18.1%.

FLIR Systems follows with a ROE of 15.0%, and Badger Meter rounds out the top five with a ROE of 11.9%.

SmarTrend recommended that subscribers consider buying shares of Cognex on July 27th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $44.48. Since that recommendation, shares of Cognex have risen 9.2%. We continue to monitor Cognex for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity cognex mts systems hollysys automation technologies flir systems badger meter