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Zagg Inc has the Highest Return on Equity in the Consumer Electronics Industry (ZAGG, GRMN, HAR, UEIC, GPRO)

By David Diaz

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.

Zagg Inc ranks highest with a ROE of 2,281.7%. Following is Garmin Ltd with a ROE of 1,527.7%. Harman Intl ranks third highest with a ROE of 1,450.8%.

Universal Elec follows with a ROE of -408.6%, and Gopro Inc-Cl A rounds out the top five with a ROE of -5,092.4%.

SmarTrend recommended that its subscribers protect gains by selling shares of Zagg Inc on March 11th, 2019 by issuing a Downtrend alert when the shares were trading at $10.52. Since that call, shares of Zagg Inc have fallen 37.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest return on equity zagg inc garmin ltd :har harman intl universal elec gopro inc-cl a