Beta Stock Up Now

I always keep track of high beta stocks, especially when I think the market is on a continuing uptrend, or downtrend, or in a range for that matter. Looking at stocks with a beta greater than three, average volume greater than 500,000, price between 5 and 50, and then picking out the ones that had a noteworthy uptrend over the last three month, I have listed my twelve favorites that could continue to run over the next two months.

Beta, as you probably know, is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. A beta of 1 indicates a stock that rises and falls in sync with the market. The stocks listed here have a current beta of three or more so when the market moves these stocks tend to have price swings that are much greater.



Symbol, Name, Beta

CAR, Avis Budget Group Inc., 4.82
PIR, Pier One Imports, Inc, 4.35
SCSS, Select Comfort Corp, 3.88
TRW, TRW Automotive Holdings, 3.42
CENX, Century Aluminum, 3.36
BLC, Belo Corp., 3.27
BZ, Boise Inc., 3.21
SANM, Sanmina-SCI Corp., 3.18
MTW, Manitowoc Co., 3.13
VCI, Valassis Communications, 3.09
BC, Brunswick Corp., 3.04
TEX, Terex Corp, 3.02