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Highest Level of Cash in the Apparel Retail Industry Detected in Shares of TJX Cos (TJX, GPS, FL, ROST, ANF)

By James Quinn

Below are the three companies in the Apparel Retail industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.

TJX Cos ranks highest with a CE of $2,000. Gap Inc is next with a CE of $1,000. Foot Locker ranks third highest with a CE of $878.

Ross Stores follows with a CE of $487, and Abercrombie & Fitch rounds out the top five with a CE of $406.

SmarTrend recommended that its subscribers protect gains by selling shares of Abercrombie & Fitch on August 31st, 2016 by issuing a Downtrend alert when the shares were trading at $17.97. Since that call, shares of Abercrombie & Fitch have fallen 12.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest level of cash tjx cos gap inc Foot Locker Ross Stores Abercrombie & Fitch