Insteel Industries is Among the Companies in the Building Products Industry With the Highest Beta (IIIN, APOG, AAON, GFF, ROCK)
Below are the three companies in the Building Products 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.
Insteel Industries ranks highest with a a beta of 1.4. Following is Apogee Enterprises with a a beta of 1.2. AAON ranks third highest with a a beta of 1.1.
Griffon follows with a a beta of 1.1, and Gibraltar Industries rounds out the top five with a a beta of 1.0.
SmarTrend recommended that subscribers consider buying shares of Gibraltar Industries on February 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.51. Since that recommendation, shares of Gibraltar Industries have risen 16.4%. We continue to monitor Gibraltar Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta insteel industries apogee enterprises griffon gibraltar industries