“Cash is the fuel of growth,” states the author of today’s article, who notes that companies with large cash balances can be well positioned to deliver growth to investors through reinvestment, acquisitions, dividends and/or share buybacks. However, while large cash balances can be an indicator of growth opportunities, they can also be a sign of financial distress if that cash is needed to meet debt payments. As such, the author screened for cash rich companies that are unencumbered by debt and which are trading under $10. This screen yielded five stock candidates. To find out what these stocks are, CLICK HERE.
5 Cheap Stocks In Cash Rich Companies
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