Relatively High Beta Detected in Shares of Cambrex in the Life Sciences Tools & Services Industry (CBM, CGEN, PACB, AFFX, BRKR)
Below are the three companies in the Life Sciences Tools & Services 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.
Cambrex ranks highest with a a beta of 1.3. Compugen is next with a a beta of 1.2. Pacific Biosciences of California ranks third highest with a a beta of 1.2.
Affymetrix follows with a a beta of 1.1, and Bruker rounds out the top five with a a beta of 1.1.
SmarTrend recommended that subscribers consider buying shares of Bruker on February 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $23.86. Since that recommendation, shares of Bruker have risen 19.5%. We continue to monitor Bruker for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta cambrex compugen pacific biosciences of california Affymetrix bruker