Chicago Bridge & Iron is Among the Companies in the Construction & Engineering Industry With the Highest Beta (CBI, MTZ, TPC, PRIM, KBR)
Below are the three companies in the Construction & Engineering 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.
Chicago Bridge & Iron ranks highest with a a beta of 1.6. MasTec is next with a a beta of 1.5. Tutor Perini ranks third highest with a a beta of 1.5.
Primoris Services follows with a a beta of 1.4, and KBR rounds out the top five with a a beta of 1.3.
SmarTrend recommended that subscribers consider buying shares of Tutor Perini on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $13.46. Since that recommendation, shares of Tutor Perini have risen 18.9%. We continue to monitor Tutor Perini for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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