Shares of Walt Disney Rank the Highest in Terms of Level of Cash in the Movies & Entertainment Industry (DIS, TWX, LYV, VIA, CNK)
Below are the three companies in the Movies & Entertainment industry with the highest cash equivalents (CE). Analysts use CE as a measure to compare the cash cushion of companies in the same industry.
Walt Disney ranks highest with a CE of $4,000. Time Warner is next with a CE of $2,000. Live Nation ranks third highest with a CE of $1,000.
Viacom follows with a CE of $506, and Cinemark rounds out the top five with a CE of $503.
SmarTrend recommended that subscribers consider buying shares of Time Warner on September 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $78.24. Since that recommendation, shares of Time Warner have risen 24.1%. We continue to monitor Time Warner for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest level of cash Walt Disney Time Warner Live Nation Viacom cinemark