Highest Level of Cash in the Air Freight & Logistics Industry Detected in Shares of United Parcel Service (UPS, FDX, XPO, EXPD, AAWW)
Below are the three companies in the Air Freight & Logistics industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
United Parcel Service ranks highest with a CE of $6,000. Following is FedEx with a CE of $4,000. XPO Logistics ranks third highest with a CE of $1,000.
Expeditors International of Washington follows with a CE of $977, and Atlas Air Worldwide Holdings rounds out the top five with a CE of $379.
SmarTrend recommended that subscribers consider buying shares of Expeditors International of Washington on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $44.67. Since that recommendation, shares of Expeditors International of Washington have risen 12.3%. We continue to monitor Expeditors International of Washington for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash united parcel service FedEx xpo logistics expeditors international of washington atlas air worldwide holdings