Apr 13, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Systems 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.Evolving Systems ranks highest with a ROE of 69.9%. Following is Microsoft with a ROE of 41.7%. BMC Software ranks third highest with a ROE of 29.5%.
Websense follows with a ROE of 26.8%, and Oracle rounds out the top five with a ROE of 24.5%.
SmarTrend recommended that subscribers consider buying shares of Websense on October 24th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $19.65. Since that recommendation, shares of Websense have risen 5.3%. We continue to monitor Websense for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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