For Immediate Release
Chicago, IL – March 21, 2019– Stocks in this week’s article include Unilever NV UN, Rent-A-Center, Inc. RCII, Abercrombie & Fitch Co. ANF, Taro Pharmaceutical Industries Ltd. TARO and PCTEL, Inc. PCTI. Kevin Matras screens for companies showing their 'first' profit and explains why they are ones to watch.
Screen of the Week written by Kevin Matras of Zacks Investment Research:
Buy These 5 Low-Beta Stocks to Survive the Volatility Scare
There is no hard and fast rule that lucrative returns can only come from risky securities. Many strategies show that investing in low-risk portfolios end up giving you handsome returns.
Since risky stocks underperform market amid a bearish business scenario, it could be a good idea to consider some key parameters to create a portfolio of low-beta stocks.
Beta measures the volatility or risks to a security relative to the market (we are considering the S&P 500 here). That is, beta measures the extent to which the price of a stock moves with respect to the market.
If the beta is equal to 1 it means that the stock is as volatile as the market. So, a stock is relatively more volatile if it has beta greater than 1 and less volatile if beta is less than 1.
For example, if the beta is 1.8 then the stock will witness 80% more movement than the market. Hence, we can say that if the market goes up, the stock will outperform by 80%. Conversely, if the market plunges, the stock will lose much more value than the market.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/362237/buy-these-5-lowbeta-stocks-to-survive-the-volatility-scare
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PC-Tel, Inc. (PCTI) : Free Stock Analysis Report
Rent-A-Center, Inc. (RCII) : Free Stock Analysis Report
Unilever NV (UN) : Free Stock Analysis Report
Taro Pharmaceutical Industries Ltd. (TARO) : Free Stock Analysis Report
Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report
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