May 13, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Hypermarkets & Super Centers 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.Pricesmart (NASDAQ:PSMT) is highest with a beta of 1.0. PriceSmart, Inc. owns and manages international merchandising businesses. The Company licenses and owns membership stores using the trade name PriceSmart and PriceCostco. PriceSmart's international market consists of Latin America and Asia. The Company also operates domestic merchandising programs, including its Auto Referral Program and its Travel Program. Over the past year, Pricesmart has traded in a range of $59.00 to $90.94 and is now at $86.92, 47% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 1.8%.
Following is Costco Wholesale (NASDAQ:COST) with a beta of 0.8. Finishing up the top three is Wal-Mart Stores (NYSE:WMT), with a beta of 0.6. ---------------------------------------------------------------------------------------------
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