Thor Industries is Among the Companies in the Automobile Manufacturers Industry With the Lowest Beta (THO, WGO, F, TSLA, GM)
Below are the three companies in the Automobile Manufacturers 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.
Thor Industries ranks lowest with a a beta of 0.8. Following is Winnebago Industries with a a beta of 1.0. Ford Motor ranks third lowest with a a beta of 1.0.
Tesla Motors Inc follows with a a beta of 1.1, and General Motors rounds out the bottom five with a a beta of 1.2.
SmarTrend recommended that its subscribers protect gains by selling shares of General Motors on June 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $29.83. Since that call, shares of General Motors have fallen 3.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest beta thor industries winnebago industries ford motor tesla motors inc General Motors