Highest Level of Cash in the Electronic Manufacturing Services Industry Detected in Shares of Tyco Electronics (TEL, FLEX, JBL, IPGP, CLS)
Below are the three companies in the Electronic Manufacturing 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.
Tyco Electronics ranks highest with a CE of $3,000. Following is Flextronics International with a CE of $2,000. Jabil Circuit ranks third highest with a CE of $914.
IPG Photonics follows with a CE of $651, and Celestica rounds out the top five with a CE of $496.
SmarTrend recommended that its subscribers protect gains by selling shares of IPG Photonics on May 3rd, 2016 by issuing a Downtrend alert when the shares were trading at $85.74. Since that call, shares of IPG Photonics have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: highest level of cash tyco electronics flextronics international Jabil Circuit ipg photonics celestica