Relatively High Level of Cash Detected in Shares of Office Depot in the Specialty Stores Industry (ODP, SPLS, TIF, ULTA, CAB)
Below are the three companies in the Specialty Stores industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Office Depot ranks highest with a CE of $958. Staples is next with a CE of $782. Tiffany & Co ranks third highest with a CE of $725.
Ulta Salon Cosmetics & Fragrance follows with a CE of $475, and Cabela's rounds out the top five with a CE of $164.
SmarTrend recommended that subscribers consider buying shares of Ulta Salon Cosmetics & Fragrance on March 2nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $167.29. Since that recommendation, shares of Ulta Salon Cosmetics & Fragrance have risen 52.3%. We continue to monitor Ulta Salon Cosmetics & Fragrance for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash Office Depot Staples tiffany & co ulta salon cosmetics & fragrance cabela's