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Highest Level of Cash in the General Merchandise Stores Industry Detected in Shares of Target Corp (TGT, DLTR, DG, BIG, OLLI)

By James Quinn

Below are the three companies in the General Merchandise 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.

Target Corp ranks highest with a CE of $3,000. Following is Dollar Tree Inc with a CE of $1,000. Dollar General C ranks third highest with a CE of $267.

Big Lots Inc follows with a CE of $51, and Ollie'S Bargain rounds out the top five with a CE of $39.

SmarTrend recommended that its subscribers protect gains by selling shares of Big Lots Inc on May 14th, 2019 by issuing a Downtrend alert when the shares were trading at $33.81. Since that call, shares of Big Lots Inc have fallen 14.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest level of cash target corp dollar tree inc dollar general c big lots inc ollie's bargain