Below are the three companies in the General Merchandise Stores industry with the highest betass. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.

Tuesday Morning ranks highest with a a beta of 1.4. Following is Fred's with a a beta of 1.1. Big Lots ranks third highest with a a beta of 0.8.

99 Cents Only Stores follows with a a beta of 0.8, and Target rounds out the top five with a a beta of 0.7.

SmarTrend recommended that subscribers consider buying shares of Fred's on October 24th, 2011 as our technology indicated a new Uptrend was in progress when shares hit $12.27. Since that recommendation, shares of Fred's have risen 18.1%. We continue to monitor Fred's for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.