|
Highest Beta in the Railroads Industry Detected in Shares of Kansas City Southern (KSU, GWR, CSX, NSC, UNP)
Feb 28, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Railroads industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Kansas City Southern ranks highest with a a beta of 1.4. Following is Genesee & Wyoming with a a beta of 1.3. CSX ranks third highest with a a beta of 1.2.
Norfolk Southern follows with a a beta of 1.1, and Union Pacific rounds out the top five with a a beta of 1.1.
SmarTrend recommended that subscribers consider buying shares of Kansas City Southern on November 27th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $79.28. Since that recommendation, shares of Kansas City Southern have risen 31.1%. We continue to monitor Kansas City Southern for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
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
[ Back To Technology News's Homepage ]
|