• Return to Headlines

Shares of Superior Inds Rank the Highest in Terms of Beta in the Auto Parts & Equipment Industry (SUP, MPAA, MOD, AXL, DORM)

By Nick Russo

Below are the three companies in the Auto Parts & 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.

Superior Inds ranks highest with a a beta of 1.7. Motorcar Parts is next with a a beta of 1.5. Modine Mfg Co ranks third highest with a a beta of 1.4.

Amer Axle & Mfg follows with a a beta of 1.4, and Dorman Products rounds out the top five with a a beta of 1.3.

SmarTrend recommended that its subscribers protect gains by selling shares of Modine Mfg Co on March 6th, 2020 by issuing a Downtrend alert when the shares were trading at $6.02. Since that call, shares of Modine Mfg Co have fallen 41.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta superior inds motorcar parts modine mfg co amer axle & mfg dorman products

Ticker(s): SUP MPAA MOD AXL DORM