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Highest Beta in the Diversified Real Estate Activities Industry Detected in Shares of Consolidated-Tomoka Land (CTO, BAM, EMITF, JOE, TRC)

Written on Fri, 07/23/2010 - 5:39am
By Chip Brian

Below are the top five companies in the Diversified Real Estate Activities 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.
Consolidated-Tomoka Land (AMEX:CTO) ranks first with a beta of 1.3; Brookfield Asset Management (NYSE:BAM) ranks second with a beta of 1.2; and Elbit Imaging (NASDAQ:EMITF) ranks third with a beta of 1.2.
St. Joe (NYSE:JOE) follows with a beta of 1.1 and Tejon Ranch (NYSE:TRC) rounds out the top five with a beta of 1.
SmarTrend is bearish on shares of TRC and our subscribers were alerted to Sell on March 16, 2010 at $31.30. The stock has fallen 25.3% since the alert was issued.

Keywords: amex:cto consolidated-tomoka land highest beta

Ticker(s): BAM EMITF JOE TRC CTO

Contact Chip Brian



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