Relatively High Beta Detected in Shares of Jarden in the Housewares & Specialties Industry (JAH, NWL, CSS, TUP, LBY)
Below are the three companies in the Housewares & Specialties 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.
Jarden ranks highest with a a beta of 1.0. Following is Newell Rubbermaid with a a beta of 0.9. CSS Industries ranks third highest with a a beta of 0.7.
Tupperware Brands follows with a a beta of 0.7, and Libbey rounds out the top five with a a beta of 0.6.
SmarTrend recommended that subscribers consider buying shares of Jarden on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $52.79. Since that recommendation, shares of Jarden have risen 11.7%. We continue to monitor Jarden for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta jarden newell rubbermaid css industries tupperware brands amex:lby libbey