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Thor Industries is Among the Companies in the Automobile Manufacturers Industry With the Highest Beta (THO, TSLA, GM, F, WGO)

By James Quinn

Below are the three companies in the Automobile Manufacturers 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.

Thor Industries ranks highest with a a beta of 1.1. Tesla Inc is next with a a beta of 1.1. General Motors C ranks third highest with a a beta of 1.1.

Ford Motor Co follows with a a beta of 1.0, and Winnebago Inds rounds out the top five with a a beta of 1.0.

SmarTrend recommended that its subscribers protect gains by selling shares of Thor Industries on February 27th, 2020 by issuing a Downtrend alert when the shares were trading at $77.77. Since that call, shares of Thor Industries have fallen 46.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest beta thor industries tesla inc general motors c ford motor co winnebago inds

Ticker(s): THO TSLA GM F WGO