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Top 5 Companies in the Investment Banking & Brokerage Industry With the Highest Level of Cash (GS, MS, SCHW, IBKR, RJF)

By David Diaz

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 $423,000. Following is Morgan Stanley with a CE of $271,000. Charles Schwab ranks third highest with a CE of $11,000.

Interactive Brokers follows with a CE of $6,000, and Raymond James Financial 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 March 22nd, 2017 by issuing a Downtrend alert when the shares were trading at $231.04. Since that call, shares of Goldman Sachs Group have fallen 3.3%. 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 interactive brokers raymond james financial

Ticker(s): GS MS SCHW IBKR RJF