TMCnet News
Highest Return on Equity in the Movies & Entertainment Industry Detected in Shares of Lions Gate Entertainment (LGF, VIA, IMAX, CNK, NWS)May 14, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Movies & Entertainment 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.Lions Gate Entertainment ranks highest with a ROE of 33.7%. Following is Viacom with a ROE of 29.5%. Imax ranks third highest with a ROE of 18.6%. Cinemark follows with a ROE of 16.0%, and News Corp rounds out the top five with a ROE of 14.4%. SmarTrend recommended that subscribers consider buying shares of Lions Gate Entertainment on August 17th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $14.49. Since that recommendation, shares of Lions Gate Entertainment have risen 80.6%. We continue to monitor Lions Gate Entertainment 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 |
