Mar 14, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Health Care Supplies 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.Atrion ranks highest with a ROE of 20.4%. Meridian Bioscience is next with a ROE of 20.0%. Utah Medical Products ranks third highest with a ROE of 18.9%.
Span-America Medical Systems follows with a ROE of 17.0%, and Align Technology rounds out the top five with a ROE of 15.4%.
SmarTrend recommended that subscribers consider buying shares of Align Technology on October 24th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $17.71. Since that recommendation, shares of Align Technology have risen 53.0%. We continue to monitor Align Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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