Highest Beta in the Trading Companies & Distributors Industry Detected in Shares of H&E Equipment Services (HEES, URI, AER, DXPE, GMT)
Below are the three companies in the Trading Companies & Distributors 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.
H&E Equipment Services ranks highest with a a beta of 1.8. Following is United Rentals with a a beta of 1.7. AerCap Holdings ranks third highest with a a beta of 1.5.
DXP Enterprises follows with a a beta of 1.3, and GATX rounds out the top five with a a beta of 1.3.
SmarTrend recommended that subscribers consider buying shares of H&E Equipment Services on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $13.49. Since that recommendation, shares of H&E Equipment Services have risen 47.1%. We continue to monitor H&E Equipment Services for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta h&e equipment services united rentals aercap holdings dxp enterprises gatx