[February 14, 2012] Relatively High Return on Equity Detected in Shares of BroadSoft in the Application Software Industry (BSFT, FDS, SWI, TYL, EBIX) Tweet Feb 14, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Application Software 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.BroadSoft ranks highest with a ROE of 48.8%. Following is Factset Research Systems with a ROE of 32.4%. SolarWinds ranks third highest with a ROE of 31.8%. Tyler Technologies follows with a ROE of 31.7%, and Ebix rounds out the top five with a ROE of 27.1%. SmarTrend recommended that subscribers consider buying shares of Ebix on October 27th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $17.35. Since that recommendation, shares of Ebix have risen 49.1%. We continue to monitor Ebix for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]