CSP is Among the Companies in the IT Consulting & Other Services Industry With the Lowest Beta (CSPI, FORR, NCIT, EDGW, BAH)
Below are the three companies in the IT Consulting & Other Services 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.
CSP ranks lowest with a a beta of 0.5. Following is Forrester Research with a a beta of 0.6. NCI ranks third lowest with a a beta of 0.6.
Edgewater Technology follows with a a beta of 0.8, and Booz Allen Hamilton rounds out the bottom five with a a beta of 0.8.
SmarTrend recommended that subscribers consider buying shares of CSP on March 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $6.10. Since that recommendation, shares of CSP have risen 49.7%. We continue to monitor CSP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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