Lowest Beta in the Automobile Manufacturers Industry Detected in Shares of Thor Industries (THO, WGO, F, TSLA, GM)
Below are the three companies in the Automobile Manufacturers industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Thor Industries ranks lowest with a a beta of 0.8. Winnebago Industries is next with a a beta of 1.0. Ford Motor ranks third lowest with a a beta of 1.0.
Tesla Motors Inc follows with a a beta of 1.1, and General Motors rounds out the bottom five with a a beta of 1.2.
SmarTrend recommended that subscribers consider buying shares of Thor Industries on July 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $68.42. Since that recommendation, shares of Thor Industries have risen 19.7%. We continue to monitor Thor Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest beta thor industries winnebago industries ford motor tesla motors inc General Motors