Friday, July 27, 2012

6 Analyst Backed Tech Stocks With Cash Reserves


The market is full of technology companies and it can be difficult to discern the rising stars from those that are smoke and mirrors. For investors interested in delving deeper, we have come up with a double screen. First we looked for companies with abundant cash reserves. From there we picked out those with the best ratings from analysts. For your review we have listed the ones that rose to the top of the pile.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 less is generally a liquidity red flag. Now this doesn't mean the company will go bankrupt tomorrow, but it also doesn't bode well for the company, and may indicate that it could
... Read the rest at SeekingAlpha.com

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