Shares of Daqo New Energy Rank the Highest in Terms of Beta in the Semiconductor Equipment Industry (DQ, AMKR, FORM, ASYS, KLAC)
Below are the three companies in the Semiconductor Equipment 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.
Daqo New Energy ranks highest with a a beta of 2.1. Following is Amkor Technology with a a beta of 1.6. FormFactor ranks third highest with a a beta of 1.4.
Amtech Systems follows with a a beta of 1.3, and Kla-Tencor rounds out the top five with a a beta of 1.3.
SmarTrend recommended that its subscribers protect gains by selling shares of Amtech Systems on August 31st, 2016 by issuing a Downtrend alert when the shares were trading at $5.34. Since that call, shares of Amtech Systems have fallen 9.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest beta daqo new energy amkor technology FormFactor amtech systems kla-tencor