Relatively High Volatility Detected in Shares of Physicians Formula Holdings in the Personal Products Industry (FACE, RDEN, MED, IPAR, HLF)
Below are the top five companies in the Personal Products 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.
Physicians Formula Holdings (NASDAQ:FACE) ranks first with a beta of 1.4; Elizabeth Arden (NASDAQ:RDEN) ranks second with a beta of 1.4; and Medifast (NYSE:MED) ranks third with a beta of 1.3.
Inter Parfums (NASDAQ:IPAR) follows with a beta of 1.3 and Herbalife (NYSE:HLF) rounds out the top five with a beta of 1.3.
SmarTrend is bearish on shares of IPAR and our subscribers were alerted to Sell on May 20, 2010 at $15.27. The stock has fallen 1.6% since the alert was issued.