Shares of Reynolds American Rank the Highest in Terms of Level of Cash in the Tobacco Industry (RAI, PM, MO, VGR, AOI)
Below are the three companies in the Tobacco industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Reynolds American ranks highest with a CE of $3,000. Philip Morris is next with a CE of $2,000. Altria Group ranks third highest with a CE of $2,000.
Vector Group follows with a CE of $535, and Alliance One International rounds out the top five with a CE of $164.
SmarTrend recommended that subscribers consider buying shares of Alliance One International on July 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $17.90. Since that recommendation, shares of Alliance One International have risen 26.2%. We continue to monitor Alliance One International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash Reynolds American philip morris altria group vector group alliance one international