Lowest Beta in the Technology Distributors Industry Detected in Shares of Wayside Technology (WSTG, RELL, PCCC, ELRC, PLUS)
Below are the three companies in the Technology Distributors 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.
Wayside Technology ranks lowest with a a beta of 0.2. Following is Richardson Electronics with a a beta of 0.6. PC Connection ranks third lowest with a a beta of 0.8.
Electro Rent follows with a a beta of 0.9, and ePlus rounds out the bottom five with a a beta of 0.9.
SmarTrend recommended that subscribers consider buying shares of ePlus on April 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $81.18. Since that recommendation, shares of ePlus have risen 8.7%. We continue to monitor ePlus for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest beta wayside technology richardson electronics pc connection electro rent eplus