Friday, June 22, 2012

3 Large Cap Tech Stocks With Strong Cash Reserves


Tech stocks can seem like a risky bet. Ever heard of webvan.com? One way to mitigate risk with tech stocks is to go after larger, more established companies, companies that actually have revenue and profits. It's an especially good sign when a tech company has strong cash reserves, because having cash on hand can fuel innovative R & D, strategic investments, or acquisitions. Today we focused on large cap stocks that not only possess proven business models, but that also are carrying quite a load of cash. We think you'll like the list we came up with, but first let us describe our screen in more detail.The Current ratio is a liquidity ratio used to determine a company's financial health. The metric illustrates how easily a firm can pay back its short obligations all at once through current assets. A company that has a current ratio of one or
... Read the rest at SeekingAlpha.com

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