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Relatively High Level of Cash Detected in Shares of Waters in the Life Sciences Tools & Services Industry (WAT, A, ILMN, BIO, TMO)

By Amy Schwartz

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

Waters ranks highest with a CE of $3,000. Agilent Technologies is next with a CE of $2,000. Illumina ranks third highest with a CE of $2,000.

Bio-Rad Laboratories follows with a CE of $844, and Thermo Fisher Scientific rounds out the top five with a CE of $786.

SmarTrend recommended that subscribers consider buying shares of Bio-Rad Laboratories on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $144.77. Since that recommendation, shares of Bio-Rad Laboratories have risen 46.2%. We continue to monitor Bio-Rad Laboratories for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash waters agilent technologies illumina bio-rad laboratories thermo fisher scientific

Ticker(s): WAT A ILMN BIO TMO