Top 5 Companies in the Investment Banking & Brokerage Industry With the Highest Level of Cash (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. Following is Morgan Stanley 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 its subscribers protect gains by selling shares of Goldman Sachs Group on May 16th, 2016 by issuing a Downtrend alert when the shares were trading at $155.75. Since that call, shares of Goldman Sachs Group have fallen 8.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest level of cash goldman sachs group Morgan Stanley Charles Schwab raymond james financial td ameritrade holding