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Highest Level of Cash in the Health Care Equipment Industry Detected in Shares of Becton Dickinson (BDX, MDT, ABT, BAX, SYK)

By James Quinn

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

Becton Dickinson ranks highest with a CE of $14,000. Following is Medtronic Plc with a CE of $14,000. Abbott Labs ranks third highest with a CE of $10,000.

Baxter Intl Inc follows with a CE of $3,000, and Stryker Corp rounds out the top five with a CE of $3,000.

SmarTrend recommended that subscribers consider buying shares of Stryker Corp on June 10th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $195.95. Since that recommendation, shares of Stryker Corp have risen 9.3%. We continue to monitor Stryker Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest level of cash becton dickinson medtronic plc abbott labs baxter intl inc Stryker Corp

Ticker(s): BDX MDT ABT BAX SYK