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Relatively Low Beta Detected in Shares of Hemisphere Media in the Broadcasting Industry (HMTV, AMCX, TRCO, ETM, CBS)

By David Diaz

Below are the three companies in the Broadcasting 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.

Hemisphere Media ranks lowest with a a beta of 0.5. Following is Amc Networks-A with a a beta of 0.7. Tribune Media -A ranks third lowest with a a beta of 0.7.

Entercom Comm-A follows with a a beta of 0.8, and Cbs Corp-B rounds out the bottom five with a a beta of 0.8.

SmarTrend recommended that subscribers consider buying shares of Tribune Media -A on August 22nd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $36.62. Since that recommendation, shares of Tribune Media -A have risen 27.4%. We continue to monitor Tribune Media -A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest beta hemisphere media amc networks-a tribune media -a entercom comm-a cbs corp-b