Genworth Financial is Among the Companies in the Multi-line Insurance Industry With the Highest Level of Cash (GNW, AIG, AIZ, FRFHF, AFG)
Below are the three companies in the Multi-line Insurance industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Genworth Financial ranks highest with a CE of $4,000. American International is next with a CE of $2,000. Assurant ranks third highest with a CE of $2,000.
Fairfax Financial Holdings follows with a CE of $1,000, and American Financial rounds out the top five with a CE of $894.
SmarTrend recommended that subscribers consider buying shares of Genworth Financial on March 1st, 2016 as our technology indicated a new Uptrend was in progress when shares hit $2.23. Since that recommendation, shares of Genworth Financial have risen 62.7%. We continue to monitor Genworth Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash genworth financial american international assurant fairfax financial holdings american financial