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5 High-Beta Stocks That Could Explode

MINNEAPOLIS (Stockpickr) --The Fourth of July is upon us, and although weather in my home state of Minnesota is far from summerlike, I will not be deterred from enjoying this forthcoming celebratory weekend. I have many fond memories from celebrations past of family gatherings, picnics, activities - and most of all fireworks.

There is something in the DNA of every American that draws us to explosives. The danger and excitement certainly gets the blood pumping. The endorphin rush from loud booms and cracks have us always begging for more. The action and excitement from a grand fireworks display draws huge crowds far and wide.

We are a society of risk-takers. Fireworks may be banned in some states, but many of us are willing to drive far and wide to get our fix. Perhaps there is another way to find the action closer to home -- in the stock market. With its crazy, volatile price action, the stock market can provide a rush similar to the one one gets from fireworks -- and it's right in our backyard.

Related: 5 Big Stocks to Trade for Summer Gains

Anyone with a brokerage account can tap into the excitement at any time. The biggest fireworks in the market often come from stocks with the highest beta. Beta is a measurement of volatility and risk as compared to the rest of the market. A stock with a beta of one will move in lock step with the market. A stock with a high beta will move that much more than the market, and a stock with a low beta will move less.

For the biggest risk-takers, I offer these five high beta stocks that could explode.

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