Relatively High Level of Cash Detected in Shares of Microsoft in the Systems Software Industry (MSFT, ORCL, VMW, CHKP, SYMC)
Below are the three companies in the Systems Software industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Microsoft ranks highest with a CE of $99,000. Oracle is next with a CE of $56,000. VMware ranks third highest with a CE of $7,000.
Check Point Software Technologies follows with a CE of $4,000, and Symantec rounds out the top five with a CE of $3,000.
SmarTrend recommended that subscribers consider buying shares of Symantec on June 20th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.69. Since that recommendation, shares of Symantec have risen 21.0%. We continue to monitor Symantec for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash Microsoft Oracle VMware check point software technologies Symantec