Mar 03, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Industrial Conglomerates 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.3M ranks lowest with a a beta of 1.0. Following is Tyco International with a a beta of 1.0. Seaboard ranks third lowest with a a beta of 1.1.
Danaher follows with a a beta of 1.1, and General Electric rounds out the bottom five with a a beta of 1.1.
SmarTrend recommended that subscribers consider buying shares of Seaboard on September 26th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $2,245.05. Since that recommendation, shares of Seaboard have risen 25.7%. We continue to monitor Seaboard for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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