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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 James Quinn

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. Following is Skechers Usa-A 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 subscribers consider buying shares of Crocs Inc on July 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $22.31. Since that recommendation, shares of Crocs Inc have risen 80.7%. We continue to monitor Crocs Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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