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Top 5 Companies in the Health Care Technology Industry With the Highest Beta (CSLT, EVH, TDOC, HSTM, MDSO)

By Amy Schwartz

Below are the three companies in the Health Care Technology 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.

Castlight Heal-B ranks highest with a a beta of 1.6. Following is Evolent Health-A with a a beta of 1.3. Teladoc Inc ranks third highest with a a beta of 1.3.

Healthstream Inc follows with a a beta of 1.3, and Medidata Solutio rounds out the top five with a a beta of 1.3.

SmarTrend recommended that its subscribers protect gains by selling shares of Castlight Heal-B on June 7th, 2019 by issuing a Downtrend alert when the shares were trading at $3.01. Since that call, shares of Castlight Heal-B have fallen 53.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta castlight heal-b evolent health-a teladoc inc :hstm healthstream inc medidata solutio