 |
| a dragon bell and a cash box (Photo credit: weifly) |
Do you prefer stocks holding large amounts of cash? For a closer look high-cash names, we ran a screen.
We began by screening for stocks rallying above their 20-day, 50-day, and 200-day moving averages for those seeing significant net institutional buying over the last quarter, representing at least 5% of share float.
We then screened these names for those with large amounts of cash, with cash holdings/average quarterly operating expense ratios above 4, indicating enough cash to cover average quarterly operating expenses for the next year.
Interactive Chart: Press Play to compare changes in market cap over the last two years for the top six stocks mentioned below. Analyst ratings sourced from Zacks Investment Research.
Your browser does not support iframes.
We also created a price-weighted index of the stocks mentioned below, and monitored the performance of the list relative to the S&P 500 index over the last month. To ... Continue to read.
No comments:
Post a Comment