Relatively High Level of Cash Detected in Shares of Procter & Gamble in the Household Products Industry (PG, CL, KMB, ENR, CLX)
Below are the three companies in the Household Products industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Procter & Gamble ranks highest with a CE of $13,000. Following is Colgate-Palmolive with a CE of $2,000. Kimberly-Clark ranks third highest with a CE of $643.
Energizer follows with a CE of $502, and Clorox rounds out the top five with a CE of $383.
SmarTrend recommended that subscribers consider buying shares of Clorox on May 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $130.57. Since that recommendation, shares of Clorox have risen 3.3%. We continue to monitor Clorox for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash Procter & Gamble Colgate-Palmolive kimberly-clark Energizer Clorox