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Shares of Blue Bird Corp Rank the Lowest in Terms of Beta in the Construction Machinery & Heavy Trucks Industry (BLBD, SPAR, ALSN, MTOR, OSK)

By James Quinn

Below are the three companies in the Construction Machinery & Heavy Trucks industry with the lowest betas. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and offer more stable returns.

Blue Bird Corp ranks lowest with a a beta of 0.5. Spartan Motors is next with a a beta of 0.7. Allison Transmis ranks third lowest with a a beta of 1.0.

Meritor Inc follows with a a beta of 1.0, and Oshkosh Corp rounds out the bottom five with a a beta of 1.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Blue Bird Corp on February 19th, 2020 by issuing a Downtrend alert when the shares were trading at $18.91. Since that call, shares of Blue Bird Corp have fallen 53.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest beta blue bird corp spartan motors allison transmis meritor inc oshkosh corp

Ticker(s): BLBD SPAR ALSN MTOR OSK