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Relatively High Volatility Detected in Shares of Kid Brands in the Home Furnishings Industry (KID, ZZ, FBN, LZB, TPX)

Written on Fri, 07/23/2010 - 6:00am
By Chip Brian

Below are the top five companies in the Home Furnishings industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.
Kid Brands (NYSE:KID) ranks first with a beta of 2.3; Sealy (NYSE:ZZ) ranks second with a beta of 2.2; and Furniture Brands (NYSE:FBN) ranks third with a beta of 1.8.
La-Z-Boy (NYSE:LZB) follows with a beta of 1.7 and Tempur-Pedic International (NYSE:TPX) rounds out the top five with a beta of 1.5.
SmarTrend is bearish on shares of LZB and our subscribers were alerted to Sell on May 06, 2010 at $11.13. The stock has fallen 23.7% since the alert was issued.

Keywords: kid brands highest beta

Ticker(s): KID ZZ FBN LZB TPX

Contact Chip Brian



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