Highest Beta in the Metal & Glass Containers Industry Detected in Shares of Owens-Illinois (OI, CCK, BLL, GEF, MYE)
Below are the three companies in the Metal & Glass Containers 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.
Owens-Illinois ranks highest with a a beta of 1.3. Crown Holdings is next with a a beta of 1.1. Ball ranks third highest with a a beta of 1.0.
Greif follows with a a beta of 0.9, and Myers Industries rounds out the top five with a a beta of 0.9.
SmarTrend recommended that subscribers consider buying shares of Greif on March 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $27.13. Since that recommendation, shares of Greif have risen 54.0%. We continue to monitor Greif for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta owens-illinois crown holdings ball greif myers industries