• Return to Headlines

Shares of 22nd Century Group Inc Rank the Highest in Terms of Beta in the Tobacco Industry (XXII, MO, PM, VGR, UVV)

By Amy Schwartz

Below are the three companies in the Tobacco 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.

22nd Century Group Inc ranks highest with a a beta of 1.6. Following is Altria Group Inc with a a beta of 0.8. Philip Morris In ranks third highest with a a beta of 0.8.

Vector Group Ltd follows with a a beta of 0.8, and Universal Corp rounds out the top five with a a beta of 0.6.

SmarTrend recommended that its subscribers protect gains by selling shares of Universal Corp on January 23rd, 2020 by issuing a Downtrend alert when the shares were trading at $53.70. Since that call, shares of Universal Corp have fallen 24.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta :xxii 22nd century group inc altria group inc philip morris in vector group ltd universal corp

Ticker(s): MO PM VGR UVV