Sentence:  LOW NOISE, TIGHT <WSD>TRENDERS</WSD> The stocks listed in exhibit 7.12 are "tight <WSD>trenders</WSD>" — they post excellent upside performance relative to their standard error, or the volatility incurred in achieving  this ... 
Meaning of the word marked with <WSD> tags:  Something which trends (has a tendency to go) in a certain way.