Cash-Rich Stocks to Watch Amid Recession Fears

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The Most Important Thing

risk is largely a matter of opinion

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Sam Mendoza

·4 years ago
shared a media post in group #The Most Important Thing
As economists prepare for a recession, many analysts & @Bobby are looking to cash-rich companies as a place to store their wealth, as these companies tend to outperform, given their ability to take advantage of opportunities when competitors have cashflow issues. Lets look at companies with strong cash holdings.
 
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Sam Mendoza

Stock to Watch: Costco Wholesale (NASDAQ: COST) • The company has cash equivalent to 4.7% of the company's value. • The company has a 55.2% debt-to-equity ratio. • The company's current ratio is 1x. • The company's free cash flow is expected to grow by 94% next year. • The company's return on invested capital is expected to be 20% next year.

 

Nate

I like this thesis

 
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Sam Mendoza

Stock to Watch: Qualcomm (NASDAQ: QCOM) • The company has cash equivalent to 4.3% of the company's value. • The company has an 89.7% debt-to-equity ratio. • The company's current ratio is 1.7x. • The company's free cash flow is expected to grow by 64.2% next year. • The company's return on invested capital is expected to be 29.1% next year.

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Sam Mendoza

Stock to Watch: Johnson & Johnson (NYSE: JNJ) • The company has cash equivalent to 7.4% of the company's value. • The company has a 42.9% debt-to-equity ratio. • The company's current ratio is 1.4x. • The company's free cash flow is expected to grow by 16.4% next year. • The company's return on invested capital is expected to be 24.6% next year.

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