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Shares of Gannett Co Inc Rank the Highest in Terms of Beta in the Publishing Industry (GCI, MDP, SCHL, NWSA, NWS)

By David Diaz

Below are the three companies in the Publishing 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.

Gannett Co Inc ranks highest with a a beta of 1.1. Following is Meredith Corp with a a beta of 1.0. Scholastic Corp ranks third highest with a a beta of 1.0.

News Corp-Cl A follows with a a beta of 1.0, and News Corp-Cl B rounds out the top five with a a beta of 0.9.

SmarTrend recommended that its subscribers protect gains by selling shares of News Corp-Cl B on February 25th, 2020 by issuing a Downtrend alert when the shares were trading at $13.66. Since that call, shares of News Corp-Cl B have fallen 36.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta gannett co inc meredith corp scholastic corp news corp-cl a news corp-cl b