Cyberoptics has the Lowest Beta in the Electronic Manufacturing Services Industry (CYBE, EMAN, DDIC, MFLX, DAIO)
Below are the top five companies in the Electronic Manufacturing Services industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Cyberoptics (NASDAQ:CYBE) ranks first with a beta of 0.7; eMagin (NASDAQ:EMAN) ranks second with a beta of 0.8; and DDi (NASDAQ:DDIC) ranks third with a beta of 0.8.
Multi-Fineline Electronix (NASDAQ:MFLX) follows with a beta of 1 and Data I/O (NASDAQ:DAIO) rounds out the top five with a beta of 1.
SmarTrend is bearish on shares of CYBE and our subscribers were alerted to Sell on May 19, 2010 at $10.04. The stock has fallen 7.4% since the alert was issued.