5 Low-Debt Industrial Stocks Backed By Analysts

Most people take on debt when it comes to the larger purchases in life. Companies are no different. They need cash to make growth and innovation occur. But there are times when earnings are less than anticipated, and the debt becomes untenable. Paying off debt instead of plowing resources back into the business can drain resources and vision. With this idea in mind, we ran a screen to find industrial stocks that are relatively debt free. In addition, we narrowed our search to only include those that received 'Buy' or 'Strong Buy' ratings from industry analysts. We came up with a solid list of companies for you to begin your own investigation.The Long Term Debt/Equity Ratio is a variation of the traditional debt-to-equity ratio; this value computes the proportion of a company's long-term debt compared to its available capital. By using this ratio, investors can identify the amount of
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