Highest Level of Cash in the Soft Drinks Industry Detected in Shares of Coca-Cola (KO, PEP, MNST, DPS, CCE)
Below are the three companies in the Soft Drinks industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Coca-Cola ranks highest with a CE of $23,000. Following is PepsiCo with a CE of $11,000. Monster Worldwide ranks third highest with a CE of $3,000.
Dr Pepper Snapple follows with a CE of $207, and Coca-Cola Enterprises rounds out the top five with a CE of $196.
SmarTrend recommended that its subscribers protect gains by selling shares of Coca-Cola Enterprises on May 18th, 2016 by issuing a Downtrend alert when the shares were trading at $51.23. Since that call, shares of Coca-Cola Enterprises have fallen 24.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest level of cash Coca-Cola PepsiCo monster worldwide Dr Pepper Snapple coca-cola enterprises