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Insteel Inds has the Highest Beta in the Building Products Industry (IIIN, BLDR, USG, UFPI, PATK)

By Amy Schwartz

Below are the three companies in the Building Products 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.

Insteel Inds ranks highest with a a beta of 1.4. Following is Builders Firstso with a a beta of 1.4. Usg Corp ranks third highest with a a beta of 1.3.

Universal Forest follows with a a beta of 1.3, and Patrick Inds Inc rounds out the top five with a a beta of 1.3.

SmarTrend recommended that subscribers consider buying shares of Builders Firstso on June 27th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $15.84. Since that recommendation, shares of Builders Firstso have risen 66.4%. We continue to monitor Builders Firstso for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest beta insteel inds builders firstso usg corp universal forest patrick inds inc

Ticker(s): IIIN BLDR USG UFPI PATK