Highest Level of Cash in the Environmental & Facilities Services Industry Detected in Shares of Stericycle (SRCL, CLH, TTEK, ROL, WM)
Below are the three companies in the Environmental & Facilities Services industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Stericycle ranks highest with a CE of $669. Following is Clean Harbors with a CE of $179. Tetra Tech ranks third highest with a CE of $135.
Rollins follows with a CE of $134, and Waste Management rounds out the top five with a CE of $113.
SmarTrend recommended that subscribers consider buying shares of Waste Management on April 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $58.47. Since that recommendation, shares of Waste Management have risen 8.9%. We continue to monitor Waste Management for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash stericycle clean harbors Tetra Tech rollins Waste Management