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Highest Beta in the Wireless Telecommunication Services Industry Detected in Shares of NII Holdings (NIHD, CLWR, MBT, SBAC, MICC) | ||||
| Below are the top five companies in the Wireless Telecommunication Services industry as measured by beta. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns. NII Holdings (NASDAQ:NIHD) ranks first with a beta of 1.9; Clearwire (NASDAQ:CLWR) ranks second with a beta of 1.9; and Mobile Telesystems (NYSE:MBT) ranks third with a beta of 1.7. SBA Communications (NASDAQ:SBAC) follows with a beta of 1.6 and Millicom International Cellular (NASDAQ:MICC) rounds out the top five with a beta of 1.5. SmarTrend is bearish on shares of MICC and our subscribers were alerted to Sell on May 19, 2010 at $83.91. The stock has fallen 3.2% since the alert was issued. | ||||
Freelancer
Sunday, May 30, 2010
Highest Beta in the Wireless Telecommunication Services Industry Detected in Shares of NII Holdings (NIHD, CLWR, MBT, SBAC, MICC)
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