Top 5 Companies in the Health Care Supplies Industry With the Lowest Beta (UTMD, HAE, TSON, ICUI, VASC)
Below are the top five companies in the Health Care Supplies 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.
Utah Medical Products (NASDAQ:UTMD) ranks first with a beta of 0.6; Haemonetics (NYSE:HAE) ranks second with a beta of 0.6; and TranS1 (NASDAQ:TSON) ranks third with a beta of 0.7.
ICU Medical (NASDAQ:ICUI) follows with a beta of 0.7 and Vascular Solutions (NASDAQ:VASC) rounds out the top five with a beta of 0.8.
SmarTrend is bearish on shares of TSON and our subscribers were alerted to Sell on March 26, 2010 at $3.34. The stock has fallen 29.6% since the alert was issued.
Keywords: keywords: nasdaq:utmd utah medical products lowest beta