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Relatively High Level of Cash Detected in Shares of Discovery Comm-A in the Broadcasting Industry (DISCA, DISCK, SBGI, TRCO, AMCX)

By David Diaz

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

Discovery Comm-A ranks highest with a CE of $7,000. Discovery Comm-C is next with a CE of $7,000. Sinclair Broad-A ranks third highest with a CE of $681.

Tribune Media -A follows with a CE of $674, and Amc Networks-A rounds out the top five with a CE of $559.

SmarTrend recommended that subscribers consider buying shares of Tribune Media -A on August 22nd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $36.62. Since that recommendation, shares of Tribune Media -A have risen 27.4%. We continue to monitor Tribune Media -A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash discovery comm-a discovery comm-c sinclair broad-a tribune media -a amc networks-a