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Genuine Parts is Among the Companies in the Distributors Industry With the Highest Level of Cash (GPC, WEYS, POOL, VOXX, CORE)

By Nick Russo

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

Genuine Parts ranks highest with a CE of $199. Following is Weyco Group with a CE of $40. Pool ranks third highest with a CE of $30.

Audiovox follows with a CE of $22, and Core-Mark rounds out the top five with a CE of $9.

SmarTrend recommended that subscribers consider buying shares of Core-Mark on March 15th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $39.49. Since that recommendation, shares of Core-Mark have risen 23.8%. We continue to monitor Core-Mark for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash Genuine Parts weyco group audiovox core-mark