Top 5 Companies in the Footwear Industry With the Lowest Beta (DFZ, HLYS, WWW, BOOT, WEYS)
Below are the top five companies in the Footwear industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.
RG Barry (AMEX:DFZ) ranks first with a beta of 0.5; Heelys (NASDAQ:HLYS) ranks second with a beta of 0.8; and Wolverine World Wide (NYSE:WWW) ranks third with a beta of 0.8.
Lacrosse Footwear (NASDAQ:BOOT) follows with a beta of 0.8 and Weyco Group (NASDAQ:WEYS) rounds out the top five with a beta of 0.8.
SmarTrend is bullish on shares of HLYS and our subscribers were alerted to Buy on March 25, 2009 at $1.61. The stock has risen 57% since the alert was issued.