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TMCNet:  Relatively High Beta Detected in Shares of Steelcase in the Office Services & Supplies Industry (SCS, IFSIA, KNL, HNI, MSA)

[December 28, 2012]

Relatively High Beta Detected in Shares of Steelcase in the Office Services & Supplies Industry (SCS, IFSIA, KNL, HNI, MSA)

Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Office Services & Supplies 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.Steelcase ranks highest with a a beta of 1.7. Interface is next with a a beta of 1.6. Knoll ranks third highest with a a beta of 1.5.

HNI follows with a a beta of 1.4, and Mine Safety Appliances rounds out the top five with a a beta of 1.4.

SmarTrend recommended that subscribers consider buying shares of Steelcase on August 7th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $9.11. Since that recommendation, shares of Steelcase have risen 34.0%. We continue to monitor Steelcase for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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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