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Top 5 Companies in the Homebuilding Industry With the Lowest Beta (NVR, TOL, DHI, LEN, MTH)
Jan 06, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Homebuilding industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.NVR Inc ranks lowest with a a beta of 0.9. Following is Toll Brothers with a a beta of 1.2. DR Horton ranks third lowest with a a beta of 1.2.
Lennar follows with a a beta of 1.3, and Meritage Homes rounds out the bottom five with a a beta of 1.4.
SmarTrend recommended that subscribers consider buying shares of Meritage Homes on December 12th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $37.03. Since that recommendation, shares of Meritage Homes have risen 4.7%. We continue to monitor Meritage Homes 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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