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Relatively High Beta Detected in Shares of Wells Fargo & Co in the Diversified Banks Industry (WFC, BAC, C, JPM, USB)

By Amy Schwartz

Below are the three companies in the Diversified Banks 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.

Wells Fargo & Co ranks highest with a a beta of 1.3. Following is Bank Of America with a a beta of 1.3. Citigroup Inc ranks third highest with a a beta of 1.2.

Jpmorgan Chase follows with a a beta of 1.1, and Us Bancorp rounds out the top five with a a beta of 1.1.

SmarTrend recommended that its subscribers protect gains by selling shares of Us Bancorp on January 3rd, 2020 by issuing a Downtrend alert when the shares were trading at $58.30. Since that call, shares of Us Bancorp have fallen 45.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta wells fargo & co Bank of america citigroup inc JPMorgan Chase us bancorp

Ticker(s): WFC BAC C JPM USB