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Lowest Beta in the Food Distributors Industry Detected in Shares of Nash Finch (NAFC, UNFI, SPTN, SYY, ANDE)

Written on Mon, 07/26/2010 - 6:53am
By Chip Brian

Below are the top five companies in the Food Distributors industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
Nash Finch (NASDAQ:NAFC) ranks first with a beta of 0.6; United Natural Foods (NASDAQ:UNFI) ranks second with a beta of 0.7; and Spartan Stores (NASDAQ:SPTN) ranks third with a beta of 0.8.
Sysco (NYSE:SYY) follows with a beta of 0.9 and Andersons (NASDAQ:ANDE) rounds out the top five with a beta of 1.
SmarTrend is bearish on shares of SPTN and our subscribers were alerted to Sell on June 07, 2010 at $14.64. The stock has fallen 2.7% since the alert was issued.

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