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Relatively High Level of Cash Detected in Shares of Nike Inc -Cl B in the Footwear Industry (NKE, SKX, DECK, SHOO, CROX)

By Nick Russo

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

Nike Inc -Cl B ranks highest with a CE of $6,000. Skechers Usa-A is next with a CE of $736. Deckers Outdoor ranks third highest with a CE of $292.

Steven Madden follows with a CE of $275, and Crocs Inc rounds out the top five with a CE of $172.

SmarTrend recommended that its subscribers protect gains by selling shares of Crocs Inc on February 28th, 2019 by issuing a Downtrend alert when the shares were trading at $25.85. Since that call, shares of Crocs Inc have fallen 25.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest level of cash nike inc -cl b skechers usa-a deckers outdoor steven madden crocs inc

Ticker(s): NKE SKX DECK SHOO CROX