Shares of Pointer Telocation Rank the Lowest in Terms of Beta in the Diversified Support Services Industry (PNTR, AXR, RBA, UNF, CTAS)
Below are the three companies in the Diversified Support Services 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.
Pointer Telocation ranks lowest with a a beta of 0.3. Following is Amrep with a a beta of 0.4. Ritchie Bros Auctioneers ranks third lowest with a a beta of 0.8.
UniFirst follows with a a beta of 0.8, and Cintas rounds out the bottom five with a a beta of 0.8.
SmarTrend recommended that subscribers consider buying shares of Cintas on March 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $87.01. Since that recommendation, shares of Cintas have risen 29.4%. We continue to monitor Cintas for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest beta pointer telocation amrep ritchie bros auctioneers unifirst Cintas