[March 28, 2012] Towerstream has the Highest Beta in the Alternative Carriers Industry (TWER, VG, PGI, LVLT, CCOI) Tweet Mar 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers 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.Towerstream ranks highest with a a beta of 1.8. Following is Vonage with a a beta of 1.6. Premiere Global Services ranks third highest with a a beta of 1.3. Level 3 Communications follows with a a beta of 1.2, and Cogent Communications rounds out the top five with a a beta of 1.2. SmarTrend recommended that subscribers consider buying shares of Towerstream on December 2nd, 2011 as our technology indicated a new Uptrend was in progress when shares hit $2.51. Since that recommendation, shares of Towerstream have risen 57.7%. We continue to monitor Towerstream for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup [ Back To TMCnet.com's Homepage ]