Top 5 Companies in the Environmental & Facilities Services Industry With the Highest Beta (CECE, TRR, TTEK, WCN, TISI)
Below are the three companies in the Environmental & Facilities Services 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.
Ceco Environmental ranks highest with a a beta of 1.3. TRC Cos is next with a a beta of 1.1. Tetra Tech ranks third highest with a a beta of 1.0.
Waste Connections follows with a a beta of 0.9, and Team rounds out the top five with a a beta of 0.9.
SmarTrend recommended that subscribers consider buying shares of Tetra Tech on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.09. Since that recommendation, shares of Tetra Tech have risen 16.2%. We continue to monitor Tetra Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest beta ceco environmental trc cos Tetra Tech waste connections