Amazon.com is Among the Companies in the Internet Retail Industry With the Highest Level of Cash (AMZN, PCLN, NFLX, CTRP, DANG)
Below are the three companies in the Internet Retail industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Amazon.com ranks highest with a CE of $14,000. Following is priceline.com with a CE of $3,000. NetFlix ranks third highest with a CE of $3,000.
Ctrip.com International follows with a CE of $3,000, and E-Commerce China Dangdang rounds out the top five with a CE of $2,000.
SmarTrend recommended that subscribers consider buying shares of Amazon.com on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $528.43. Since that recommendation, shares of Amazon.com have risen 45.5%. We continue to monitor Amazon.com for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash Amazon.com Priceline.com Netflix ctrip.com international e-commerce china dangdang