Shares of Goldman Sachs Group Rank the Highest in Terms of Level of Cash in the Investment Banking & Brokerage Industry (GS, MS, SCHW, RJF, AMTD)
Below are the three companies in the Investment Banking & Brokerage industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Goldman Sachs Group ranks highest with a CE of $66,000. Morgan Stanley is next with a CE of $54,000. Charles Schwab ranks third highest with a CE of $10,000.
Raymond James Financial follows with a CE of $3,000, and TD Ameritrade Holding rounds out the top five with a CE of $2,000.
SmarTrend recommended that subscribers consider buying shares of Morgan Stanley on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.22. Since that recommendation, shares of Morgan Stanley have risen 6.1%. We continue to monitor Morgan Stanley for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash goldman sachs group Morgan Stanley Charles Schwab raymond james financial td ameritrade holding