It is amazing that there are still debt free stocks with lots of cash and good financials, especially stocks that trade for less than $10 per share. WallStreetNewsNetwork.com has just turned up eleven of these low priced debt free stocks with lots of cash per share and strong revenue growth. Most of them have market caps above $100 million, however, many are still very low cap stocks and should be considered very speculative.
SonicWALL, Inc. (SNWL), which closed at $7.77 on Wednesday, makes and markets network security, content security, and business continuity solutions. This debt free company has an incredible $3.46 in cash per share. The stock has a forward PE of 20, and a 4.4% revenue growth for the latest quarter. The market cap is $421 million.
Force Protection, Inc. (FRPT), at $5.61, has $1.74 per share in cash and no debt. This manufacturer of blast and ballistic protected vehicles had an amazing 69.0% increase in revenues for the latest quarter, with a forward PE of 11. The market cap is $392 million.
To see the rest of the low priced debt free stocks, go to wsnn.com.
Author does not own any of the above.