Top 3 High Beta Stocks to Watch in a Low VIX Market
Carvana (CVNA) MarketBeat·2024-07-01 11:02
This index typically hovers between 12% and 20%; the lower it is, the quieter the overall stock market is, and therefore, it is harder to profit on a relatively short-term move. This is why investors would benefit from looking into a list of high-beta stocks, as these tend to move more aggressively than the market average. Fitting this list is Carvana Co. NYSE: CVNA, with a 3.3 beta, meaning this stock will usually move three times as much as the broader S&P 500 on any given day. Second on the list is Sofi ...