Howard Hughes has the Highest Level of Cash in the Real Estate Development Industry (HHC, FOR, HOFD, STRS, MLP)
Below are the three companies in the Real Estate Development industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Howard Hughes ranks highest with a CE of $451. Following is Forestar Group with a CE of $93. Homefed ranks third highest with a CE of $55.
Stratus Properties follows with a CE of $33, and Maui Land & Pineapple rounds out the top five with a CE of $2.
SmarTrend recommended that subscribers consider buying shares of Stratus Properties on December 24th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $18.22. Since that recommendation, shares of Stratus Properties have risen 25.2%. We continue to monitor Stratus Properties for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash howard hughes forestar group homefed stratus properties maui land & pineapple