Relatively High Level of Cash Detected in Shares of Genuine Parts in the Distributors Industry (GPC, WEYS, POOL, VOXX, CORE)
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 its subscribers protect gains by selling shares of Core-Mark on August 11th, 2016 by issuing a Downtrend alert when the shares were trading at $45.41. Since that call, shares of Core-Mark have fallen 20.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest level of cash Genuine Parts weyco group audiovox core-mark