Lowest Beta in the Housewares & Specialties Industry Detected in Shares of Acme United (ACU, LCUT, CSS, NPK, CTIB)
Below are the top five companies in the Housewares & Specialties 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.
Acme United (AMEX:ACU) ranks first with a beta of 0.7; Lifetime Brands (NASDAQ:LCUT) ranks second with a beta of 0.9; and CSS Industries (NYSE:CSS) ranks third with a beta of 1.
National Presto Industries (NYSE:NPK) follows with a beta of 1 and CTI Industries (NASDAQ:CTIB) rounds out the top five with a beta of 1.2.
SmarTrend is bullish on shares of CTIB and our subscribers were alerted to Buy on June 02, 2009 at $1.88. The stock has risen 305.3% since the alert was issued.