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Highest Beta in the Electrical Components & Equipment Industry Detected in Shares of Amer Supercondtr (AMSC, WIRE, PLUG, VICR, THR)

By Shiri Gupta

Below are the three companies in the Electrical Components & Equipment 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.

Amer Supercondtr ranks highest with a a beta of 1.7. Encore Wire is next with a a beta of 1.5. Plug Power Inc ranks third highest with a a beta of 1.4.

Vicor Corp follows with a a beta of 1.4, and Thermon Group Ho rounds out the top five with a a beta of 1.3.

SmarTrend recommended that its subscribers protect gains by selling shares of Thermon Group Ho on February 3rd, 2020 by issuing a Downtrend alert when the shares were trading at $24.02. Since that call, shares of Thermon Group Ho have fallen 37.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta amer supercondtr encore wire plug power inc vicor corp thermon group ho

Ticker(s): AMSC WIRE PLUG VICR THR