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Flexsteel Inds has the Highest Beta in the Home Furnishings Industry (FLXS, TPX, BSET, LEG, LZB)

By James Quinn

Below are the three companies in the Home Furnishings 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.

Flexsteel Inds ranks highest with a a beta of 1.4. Tempur Sealy Int is next with a a beta of 1.1. Bassett Furn ranks third highest with a a beta of 1.1.

Leggett & Platt follows with a a beta of 1.1, and La-Z-Boy Inc rounds out the top five with a a beta of 1.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Leggett & Platt on December 13th, 2019 by issuing a Downtrend alert when the shares were trading at $51.30. Since that call, shares of Leggett & Platt have fallen 46.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta flexsteel inds tempur sealy int bassett furn leggett & platt la-z-boy inc