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Thursday, September 6, 2012
3 Highly Liquid Mid Caps With Strong Growth Projections
Cash on hand serves a company well in the current market. It provides a cushion for those unanticipated dry spells and funding for strategic growth opportunities like acquisitions. With this in mind, we searched for mid cap stocks that have a substantial cash reserve. In addition, these stocks have EPS growth rates above 25% for the coming year. When a company has a high level of liquidity it provides reassurance to investors that there is funding on hand to work towards achieving the projected growth. We think you will find the list of mid cap stocks we have summarized below worthy of a second look.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
... Read the rest at SeekingAlpha.com
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