Stocks with Lots of Cash and No Debt

Cash is king. If you don't believe it, look at Apple (AAPL), with more than $25 billion in cash. On top of that, the company is debt free. Maybe that is why the stock is up over 345% over the last five years.

Many investors look for debt free stocks selling at or near cash per share. These are stocks which have virtually no debt and are trading close to the amount of cash the company has on a per share basis. Without any debt and a lot of cash, it would be hard for a company to go out of business, unless it is a biotech company with a high burn rate. In addition, the cash might make the company a possible takeover candidate.

WallStreetNewsNetwork.com just updated its list of Low Price to Cash per Share Ratio Stocks with No Debt, which shows the recent price, cash per share, forward PE, and price per cash ratio. Almost all the stocks have price to cash ratios less than 4.

On example is Electronic Arts Inc. (ERTS), the video game manufacturer, has $4.99 in cash per share, with the stock selling at less than 15.80, giving it a 3.16 price to cash ratio. The company, with no debt, has a forward PE of 18.8.

FormFactor Inc. (FORM) is another stock with lots of cash. This debt-free manufacturer of semiconductor wafer probe card products, which sells for less than 9.50 per share, has a significant $7.35 per share in cash. Recent earnings were negative, however, revenues for the latest quarter were up 8.2%.

If you want a free downloadable Excel list of ten stocks that have a Low Price to Cash Ratio with No Debt, go to wsnn.com.

Disclosure: Author did not own any of the above stocks at the time the article was written.

By Stockerblog.com

Top Debt Free Stocks Selling at Cash

Who wouldn't like debt free stocks selling at or near cash. These are stocks which have virtually no debt and are trading close to the amount of cash the company has per share. Without any debt and a lot of cash, it would be hard for a company to go out of business. In addition, the cash can make the company a possible takeover candidate.

WallStreetNewsNetwork.com just updated its list of Low Price to Cash Ratio Stocks with No Debt, which shows the recent price, cash per share, forward PE, and price per cash ratio. All the stocks have price to cash ratios less than 4.

As an example, Electronic Arts Inc. (ERTS), the video game manufacturer, has $6.05 in cash per share, with the stock selling at 14.33, giving it a 2.37 price to cash ratio. The company, with no debt, has a forward PE of 16.5.

FormFactor Inc. (FORM) is another stock with lots of cash. This debt-free manufacturer of semiconductor wafer probe card products, which sells for 10.52 per share, has a significant 8.66 per share in cash.

Other free downloadable Excel databases at wsnn.com include High Cash No Debt High Yield Stocks, No Debt Low Price To Cash Flow Stocks, and Stocks Selling Below Cash Per Share.

Author does not own any of the above stocks.

By Stockerblog.com

Tiger Woods Stock Index Update

Tiger Woods was the highest-paid professional athlete in 2008, having earning approximately $110 million. He is connected to a lot of publicly traded companies, acting as spokesperson for their products, record labels, and movie distributors. Back in February, I created the Tiger Woods Stock Index and thought it was time to do an update, especially considering that he is now in the center of controversy and popular news. Tracking the stocks he is connected with from January of 2009, the Tiger Woods Stock Index has underperformed the Dow Jones Industrial Average, rising 25% for the year versus 29% for the Dow.

The stocks in his stock index portfolio include:

Nike (NKE) Woods has a multi-year endorsement deal with Nike Golf.

Accenture (ACN) Appears in Accenture commercials. It is also the title sponsor of Woods' first event of 2009, the Accenture Match Play Championship.

Electronic Arts (ERTS) 'Tiger Woods PGA Tour' series of video games.

LVMH Moet Hennesey (LVMUY.PK) TAG Heuer professional golf watch, "the first watch for golf professionals."

Fortune Brands (FO) The Titleist brand is owned by the Acushnet Company. Acushnet is owned by Fortune Brands.

General Mills (GIS) Eighth athlete to be a permanent representative of Wheaties.

Procter and Gamble (PG) 'Gillette Champions' marketing campaign.

Pepsico (PEP) Gatorade Tiger Woods Drink is marketed by the Quaker Oats Company, a division of PepsiCo.

Berkshire Hathaway (BRK-A) Endorsement with NetJets, a subsidiary of Berkshire Hathaway.

If you are wondering if the November 27, 2009 automobile accident had any effect on his stock index, you can see from the daily graph, there is no residual effect.

Assumptions:
The Tiger Woods Index is a price-weighted index, similar to the Dow Jones Industrial Average. LVMUY.PK was excluded from the analysis because it trades on the Pink Sheets. BRK-A was excluded because its high price would skew the index.

If you like celebrity stock indexes, you should check out the Heidi Klum Stock Index, the Eva Longoria Stock Index, the Angelina Jolie Stock Index, the Jessica Alba Stock Index, the Nicole Kidman Stock Index, the Freida Pinto Stock Index, and the Taylor Swift Stock Index.

Author does not own any of the above.

By Fred Fuld at Stockerblog.com

Photos courtesy of wikipedia. No celebrity endorsement expressed or implied.