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TMCNet:  Relatively High Beta Detected in Shares of Arrow Electronics in the Technology Distributors Industry (ARW, AXE, NSIT, AVT, ELRC)

[December 28, 2012]

Relatively High Beta Detected in Shares of Arrow Electronics in the Technology Distributors Industry (ARW, AXE, NSIT, AVT, ELRC)

Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Technology Distributors 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.Arrow Electronics ranks highest with a a beta of 1.5. Anixter International is next with a a beta of 1.4. Insight Enterprises ranks third highest with a a beta of 1.4.
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Avnet follows with a a beta of 1.3, and Electro Rent rounds out the top five with a a beta of 1.2.

SmarTrend recommended that its subscribers protect gains by selling shares of Electro Rent on October 22nd, 2012 by issuing a Downtrend alert when the shares were trading at $16.01. Since that call, shares of Electro Rent have fallen 8.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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