TMCnet News
Shares of Eltek Rank the Highest in Terms of Return on Equity in the Electronic Components Industry (ELTK, APH, CLFD, ROG, DLB)May 14, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electronic Components 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.Eltek ranks highest with a ROE of 24.7%. Following is Amphenol with a ROE of 24.1%. Clearfield ranks third highest with a ROE of 23.0%. Rogers follows with a ROE of 17.8%, and Dolby Laboratories rounds out the top five with a ROE of 15.9%. SmarTrend recommended that subscribers consider buying shares of Clearfield on February 4th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $5.47. Since that recommendation, shares of Clearfield have risen 37.8%. We continue to monitor Clearfield 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 |
