Highest Beta in the Multi-Utilities Industry Detected in Shares of MDU Resources Group (MDU, NI, TE, SRE, VVC)
Below are the three companies in the Multi-Utilities 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.
MDU Resources Group ranks highest with a a beta of 1.1. NiSource is next with a a beta of 0.9. TECO Energy ranks third highest with a a beta of 0.8.
Sempra Energy follows with a a beta of 0.8, and Vectren rounds out the top five with a a beta of 0.7.
SmarTrend recommended that subscribers consider buying shares of TECO Energy on July 16th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $20.24. Since that recommendation, shares of TECO Energy have risen 36.0%. We continue to monitor TECO Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta mdu resources group NiSource TECO Energy Sempra Energy vectren