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Highest Level of Cash in the Consumer Electronics Industry Detected in Shares of Garmin Ltd (GRMN, HAR, GPRO, UEIC, ZAGG)

By Amy Schwartz

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

Garmin Ltd ranks highest with a CE of $2,000. Harman Intl is next with a CE of $602. Gopro Inc-Cl A ranks third highest with a CE of $247.

Universal Elec follows with a CE of $62, and Zagg Inc rounds out the top five with a CE of $25.

SmarTrend recommended that its subscribers protect gains by selling shares of Zagg Inc on March 11th, 2019 by issuing a Downtrend alert when the shares were trading at $10.51. Since that call, shares of Zagg Inc have fallen 32.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest level of cash garmin ltd :har harman intl gopro inc-cl a universal elec zagg inc

Ticker(s): GRMN GPRO UEIC ZAGG