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Relatively Low Beta Detected in Shares of CTI Industries in the Housewares & Specialties Industry (CTIB, ACU, AM, CSS, BTH)
Jan 06, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Housewares & Specialties 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.CTI Industries ranks lowest with a a beta of 0.4. Following is Acme United with a a beta of 0.5. American Greetings ranks third lowest with a a beta of 0.8.
CSS Industries follows with a a beta of 1.1, and Blyth rounds out the bottom five with a a beta of 1.1.
SmarTrend recommended that its subscribers protect gains by selling shares of Blyth on September 24th, 2012 by issuing a Downtrend alert when the shares were trading at $33.49. Since that call, shares of Blyth have fallen 50.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
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