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Clear Channel Outdoor Holdings is Among the Companies in the Advertising Industry With the Highest Beta (CCO, LAMR, ISIG, XSEL, FMCN)

Written on Fri, 07/23/2010 - 5:57am
By Chip Brian

Below are the top five companies in the Advertising industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Clear Channel Outdoor Holdings (NYSE:CCO) ranks first with a beta of 2; Lamar Advertising (NASDAQ:LAMR) ranks second with a beta of 1.7; and Insignia Systems (NASDAQ:ISIG) ranks third with a beta of 1.7.
Xinhua Sports & Entertainment (NASDAQ:XSEL) follows with a beta of 1.5 and Focus Media Holding (NASDAQ:FMCN) rounds out the top five with a beta of 1.5.
SmarTrend is bearish on shares of XSEL and our subscribers were alerted to Sell on May 11, 2010 at $0.44. The stock has fallen 32% since the alert was issued.

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