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Relatively Low Beta Detected in Shares of Cutera Inc in the Health Care Equipment Industry (CUTR, OXFD, LMAT, SRDX, DXCM)

By Nick Russo

Below are the three companies in the Health Care Equipment industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.

Cutera Inc ranks lowest with a a beta of 0.7. Oxford Immunotec is next with a a beta of 0.7. Lemaitre Vascula ranks third lowest with a a beta of 0.8.

Surmodics Inc follows with a a beta of 0.8, and Dexcom rounds out the bottom five with a a beta of 0.8.

SmarTrend recommended that subscribers consider buying shares of Cutera Inc on March 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $17.38. Since that recommendation, shares of Cutera Inc have risen 18.4%. We continue to monitor Cutera Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest beta cutera inc oxford immunotec lemaitre vascula surmodics inc dexcom