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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 $3,000. Following is Gap Inc with a CE of $2,000. Foot Locker ranks third highest with a CE of $1,000.

Ross Stores follows with a CE of $763, and Abercrombie & Fitch rounds out the top five with a CE of $589.

SmarTrend recommended that subscribers consider buying shares of Abercrombie & Fitch on May 8th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $12.77. Since that recommendation, shares of Abercrombie & Fitch have risen 3.5%. We continue to monitor Abercrombie & Fitch for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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