THIS IS NOT INVESTMENT ADVICE!!
One of our correspondents who shares my measured optimism concerning the financial markets offers the following observations:
--------------------------------------------------------------
Companies which have less than 20% debt/equity ratio and at least
$1B in cash, a track record of profitability, and ratios which suggest
they are adequately capitalized to meet their short and long-term
obligations are:
GOOG
AAPL
CEO
QCOM
MON
RIMM
LFC
GLW
ADBE
BEN
TCK
DOX
WFR
SAY
MSFT
Google and Apple each have north of $10B in cash and zero debt.
------------------------------------------------------------------
The screen that was run to identify them was: Cash > $1B Debt/Equity > 10% Return on Equity > 5% Return on Assets > 5% Current Ratio > 2 Quick Ratio > 1 Earnings Growth Next 5 Years > 5% ----------------------------------------------------------- AGAIN. THIS IS NOT INVESTMENT ADVICE I am not invested in any of the above listed companies. pl
