US high beta stocks: List of high beta stocks

Introduction

In the fast-paced world of investing, high beta stocks have emerged as a compelling avenue for traders and investors seeking dynamic returns and enhanced portfolio performance. In this comprehensive guide, we delve into the intricate world of high beta stocks, exploring their characteristics, advantages, and potential pitfalls. Our mission is to equip you with the knowledge needed to navigate this specialized realm of investing successfully.

Understanding High Beta Stocks

Defining Beta

Beta is a crucial metric that measures the volatility of a stock in relation to the overall market. A stock with a beta greater than 1 is considered a high beta stock, indicating that it tends to experience more significant price fluctuations compared to the market benchmark. On the contrary, a stock with a beta below 1 is classified as a low beta stock, suggesting it exhibits comparatively lower price volatility.

Characteristics of High Beta Stocks

High beta stocks are known for their dynamic price movements and responsiveness to market fluctuations. These stocks often belong to industries with rapid growth potential, such as technology, biotech, and emerging sectors. Investors seeking to capitalize on short-term price swings and momentum-driven gains are naturally drawn to the allure of high beta stocks.

Advantages of Incorporating High Beta Stocks

1. Potential for Higher Returns

Investors with an appetite for risk may find high beta stocks appealing due to their potential for substantial returns. The heightened volatility of these stocks can lead to significant price spikes within a short period, offering traders the chance to capitalize on quick gains.

2. Diversification Benefits

Including high beta stocks in a diversified portfolio can provide a valuable layer of diversification. As these stocks often behave differently from the broader market, their inclusion can help mitigate risks associated with economic downturns or market stagnation.

3. Seizing Market Opportunities

In rapidly evolving industries, such as technology and biotech, high beta stocks can offer a way to gain exposure to groundbreaking innovations and disruptive advancements. Investors who believe in the transformative power of these industries might consider high beta stocks as a strategic addition to their investment strategy.

1. Heightened Volatility

While the volatility of high beta stocks can lead to substantial gains, it also exposes investors to higher levels of risk. Sudden price drops can occur just as swiftly as upward surges, making it crucial for investors to exercise caution and implement risk management strategies.

Also Read: What is Gann Square of 9

2. Market Timing

Successfully investing in high beta stocks requires astute market timing. Due to their sensitivity to market trends, entering or exiting positions at the right time is essential to maximizing potential gains and minimizing losses.

List of high beta stocks

Company NameCurrent PriceBetaPE RatioMarket CapVolumeAverage Volume
PR
Permian Resources
$13.41
+1.6%
4.59.06$7.59 billion5.52 million8.52 million
SM
SM Energy
$40.84
+2.5%
4.394.63$4.85 billion1.48 million1.53 million
DRCT
Direct Digital
$2.19
+5.3%
4.1236.51$31.25 million63,61661,238
FDIG
Fidelity Crypto Industry and Digital Payments ETF
$17.41
+0.9%
3.8410.94$31.34 million12,07036,747
CLSK
CleanSpark
$4.56
-0.2%
3.827.88$696.04 million7.60 million11.23 million
KODK
Eastman Kodak
$4.59
-1.7%
3.636.95$364.79 million418,055484,580
MTDR
Matador Resources
$60.83
+1.5%
3.547.94$7.25 billion1.60 million1.30 million
APA
APA
$42.73
+1.2%
3.539.15$13.13 billion2.58 million4.17 million
AR
Antero Resources
$26.36
+1.0%
3.475.94$7.92 billion3.02 million5.09 million
NINE
Nine Energy Service
$4.02
+4.7%
3.419.57$142.11 million669,7941.17 million
VTLE
Vital Energy
$57.42
+2.0%
3.361.14$1.07 billion419,648576,139
RYAM
Rayonier Advanced Materials
$3.32
+1.8%
3.1812.77$216.94 million719,4761.18 million
OIS
Oil States International
$7.59
+1.1%
2.9463.25$485.02 million563,217582,733
CZR
Caesars Entertainment
$51.85
+0.0%
2.9116.36$11.16 billion1.98 million2.47 million
DAPP
VanEck Digital Transformation ETF
$6.032.92.89$45.65 million255,287127,464
OII
Oceaneering International
$21.47
-1.5%
2.8633.55$2.16 billion778,497830,312
OVV
Ovintiv
$46.66
+0.9%
2.813.52$12.78 billion1.99 million2.74 million
KOS
Kosmos Energy
$7.02
+2.6%
2.7815.6$3.23 billion3.74 million5.11 million
ADNT
Adient
$38.29
+0.8%
2.7831.64$3.63 billion388,874993,981
BGFV
Big 5 Sporting Goods
$8.06
+2.5%
2.7721.78$180.96 million192,935192,601
CPE
Callon Petroleum
$36.81
+2.5%
2.752.43$2.51 billion1.29 million1.54 million
EXPI
eXp World
$19.35
-0.7%
2.73387.08$2.97 billion745,0831.09 million
WES
Western Midstream Partners
$26.78
+0.5%
2.7310.03$10.30 billion483,175968,073
CLB
Core Laboratories
$23.70
+0.3%
2.6828.55$1.11 billion151,093311,188
DTC
Solo Brands
$5.65
+0.2%
2.6420.18$511.10 million206,799588,223
KNTK
Kinetik
$34.86
-0.6%
2.6321.26$5.09 billion140,586143,251
DEN
Denbury
$89.25
+1.5%
2.639.96$4.54 billion1.18 million1.24 million
TTI
TETRA Technologies
$5.19
-2.4%
2.6328.83$672.40 million1.07 million1.80 million
MP
MP Materials
$19.62
-0.3%
2.6321.1$3.49 billion2.05 million2.66 million
CHX
ChampionX
$35.30
0.0%
2.628.7$6.94 billion833,9981.04 million
CWH
Camping World
$24.51
-1.4%
2.628.17$2.06 billion1.05 million1.11 million
ARCT
Arcturus Therapeutics
$31.42
+1.8%
2.610.87$835.77 million224,836502,896
TGI
Triumph Group
$9.09
+1.3%
2.597.27$594.91 million767,6481.72 million
SLCA
U.S. Silica
$12.282.586.23$947 million670,317663,480
ENLC
EnLink Midstream
$12.31
+1.2%
2.5316.64$5.68 billion911,5502.27 million
ARHS
Arhaus
$9.52
-2.1%
2.528.42$1.34 billion622,0291.62 million
HRI
Herc
$122.83
-0.2%
2.5210.62$3.47 billion131,340231,545
AOSL
Alpha and Omega Semiconductor
$30.14
-0.3%
2.581.46$828.52 million75,262179,011
HOV
Hovnanian Enterprises
$94.17
-0.2%
2.53.8$564.75 million79,00341,981
ONEW
OneWater Marine
$25.87
0.0%
2.494.79$408.41 million93,090133,598
PDCE
PDC Energy
$73.852.473.15$6.43 billion01.35 million
LOVE
Lovesac
$22.34
-0.1%
2.4616.43$339.95 million203,163280,467
YETI
YETI
$46.65
+1.3%
2.4561.38$4.05 billion986,9281.58 million
EBIX
Ebix
$15.20
+7.8%
2.4413.95$469.68 million661,469989,409
CRGY
Crescent Energy
$13.38
+1.0%
2.443.13$2.23 billion790,200536,176
MSTR
MicroStrategy
$336.05
-0.2%
2.4437.38$4.73 billion366,504572,794
CEQP
Crestwood Equity Partners
$28.09
+0.8%
2.4430.2$2.96 billion325,487833,095
PDS
Precision Drilling
$64.46
+0.7%
2.439.09$877.17 million38,71857,862
PUMP
ProPetro
$9.75
-0.2%
2.4212.04$1.10 billion837,384979,351
TASK
TaskUs
$9.93
+2.2%
2.4124.83$923.35 million474,615821,771
CAAS
China Automotive Systems
$4.13
-2.1%
2.44.3$124.69 million36,92555,962
SBOW
SilverBow Resources
$41.79
+0.8%
2.392.18$945.21 million268,520248,492
CAR
Avis Budget Group
$216.85
-5.4%
2.384.29$8.40 billion1.47 million673,281
MUR
Murphy Oil
$44.70
+0.4%
2.386.92$6.98 billion1.28 million1.47 million
CIR
CIRCOR International
$55.58
-0.1%
2.3740.57$1.13 billion214,838201,138
MRO
Marathon Oil
$25.62
+0.4%
2.378.08$15.52 billion9.41 million10.15 million
SD
SandRidge Energy
$15.53
+0.6%
2.372.89$574.08 million289,375272,351
PTEN
Patterson-UTI Energy
$14.01
-0.4%
2.368.76$2.91 billion1.97 million2.72 million
BOOT
Boot Barn
$90.33
+0.1%
2.3616.54$2.71 billion452,246834,465
AM
Antero Midstream
$11.94
+1.2%
2.3617.06$5.73 billion1.09 million1.75 million
AMPY
Amplify Energy
$6.38
+4.4%
2.360.59$249.22 million474,071754,900
AGS
PlayAGS
$6.44
+0.2%
2.3680.51$244.91 million212,291381,483
CTRN
Citi Trends
$23.83
+0.2%
2.349.89$198.03 million92,207100,004
JELD
JELD-WEN
$14.41
-2.7%
2.3422.52$1.23 billion556,556426,854
EAT
Brinker International
$33.05
-2.1%
2.3414.75$1.48 billion932,5691.16 million
DVN
Devon Energy
$50.43
+3.3%
2.326.9$32.31 billion10.11 million7.85 million
JWN
Nordstrom
$15.52
-7.7%
2.386.22$2.51 billion20.47 million4.59 million
BZH
Beazer Homes USA
$27.53
-4.6%
2.34.46$862.76 million764,284654,421
AXL
American Axle & Manufacturing
$7.18
+0.3%
2.319.94$840.49 million632,9451.27 million
EVRI
Everi
$13.85
+1.2%
2.2911.84$1.22 billion479,1791.04 million
RUN
Sunrun
$13.91
+2.5%
2.2836.61$3.02 billion6.11 million10.35 million
MOD
Modine Manufacturing
$45.22
+0.8%
2.2813.07$2.37 billion528,050803,026
GDEN
Golden Entertainment
$35.01
-0.1%
2.2822.16$1.01 billion111,046214,057
TRGP
Targa Resources
$84.48
+0.5%
2.2822.89$18.90 billion1.43 million1.65 million
DOOO
BRP
$76.76
-0.1%
2.279.14$5.99 billion29,55557,692
CPRI
Capri
$52.03
+0.3%
2.2714.95$6.04 billion2.64 million5.74 million
VET
Vermilion Energy
$13.78
+1.6%
2.252.62$2.26 billion848,6281.25 million
CPG
Crescent Point Energy
$7.86
-0.9%
2.2514.29$4.21 billion3.94 million2.77 million
GSM
Ferroglobe
$5.49
-0.4%
2.235.9$1.03 billion908,7391.38 million
CVE
Cenovus Energy
$18.83
+1.9%
2.2312.72$35.71 billion8.07 million7.39 million
STNE
StoneCo
$12.19
+3.0%
2.2224.88$3.81 billion4.92 million5.59 million
XPO
XPO
$69.02
-0.5%
2.2294.55$8.00 billion912,4051.79 million
TALO
Talos Energy
$16.75
+2.0%
2.224.22$2.08 billion877,3221.45 million
VRTV
Veritiv
$167.85
-0.1%
2.227.56$2.27 billion74,013245,491
ONON
ON
$28.75
+1.2%
2.22205.36$18.04 billion2.52 million5.05 million
ATKR
Atkore
$142.85
+0.4%
2.217.59$5.40 billion218,061403,181
CLF
Cleveland-Cliffs
$14.66
-0.7%
2.233.32$7.46 billion6.89 million12.41 million
TWI
Titan International
$12.13
+0.6%
2.25.23$760.88 million238,362347,279
MRC
MRC Global
$9.15
-0.9%
2.29.84$768.71 million323,283534,693
RH
RH
$338.73
-3.5%
2.1922.4$7.47 billion675,714593,537
PENN
PENN Entertainment
$23.50
+2.2%
2.185.37$3.55 billion5.24 million8.23 million
BRY
Berry
$8.29
+1.3%
2.182.38$627.22 million484,723654,152
CPSS
Consumer Portfolio Services
$8.30
+1.7%
2.183.16$175.67 million11,97120,670
ERF
Enerplus
$16.76
+1.0%
2.174.57$3.53 billion773,4791.21 million
STKS
ONE Group Hospitality
$6.71
-0.4%
2.1725.81$212.18 million43,39671,989
HAL
Halliburton
$38.15
-0.2%
2.1714.03$34.28 billion5.92 million6.65 million
JAKK
JAKKS Pacific
$19.90
+3.6%
2.172.95$200.45 million62,538113,484
CLS
Celestica
$21.81
-1.4%
2.1615.8$2.60 billion1.44 million2.41 million
SIX
Six Flags Entertainment
$22.03
+2.6%
2.1622.95$1.84 billion1.97 million2.03 million
DBI
Designer Brands
$9.92
+0.1%
2.164.72$652.84 million1.55 million1.36 million

Also Read: 10 day moving average strategy

Tips for Investing in High Beta Stocks

1. Thorough Research

In-depth research is the cornerstone of successful investing in high beta stocks. Scrutinize the company’s financials, industry trends, competitive landscape, and growth prospects to make informed decisions.

2. Risk Management

Given the inherent risk associated with high beta stocks, proper risk management is non-negotiable. Allocate only a portion of your portfolio to these stocks and set clear stop-loss levels to protect your capital.

3. Stay Informed

Stay up-to-date with the latest news and developments in the industries that high beta stocks belong to. Timely information can help you adjust your investment strategy based on changing market dynamics.

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