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Shares of Target Rank the Highest in Terms of Level of Cash in the General Merchandise Stores Industry (TGT, DLTR, DG, BIG, TUES)

By David Diaz

Below are the three companies in the General Merchandise Stores industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

Target ranks highest with a CE of $3,000. Following is Dollar Tree with a CE of $740. Dollar General ranks third highest with a CE of $158.

Big Lots follows with a CE of $54, and Tuesday Morning rounds out the top five with a CE of $14.

SmarTrend recommended that its subscribers protect gains by selling shares of Tuesday Morning on January 18th, 2017 by issuing a Downtrend alert when the shares were trading at $4.70. Since that call, shares of Tuesday Morning have fallen 62.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest level of cash Target Dollar Tree Dollar General big lots tuesday morning