High Cash No Debt High Yield Stocks

Anyone who has read many of my articles know that I am a big fan of stocks that don't have any debt. I am also a fan of stocks that pay high dividends. When you look at these two criteria and add a third, lots of cash, you come up with an interesting list of stocks. WallStreetNewsNetwork.com just updated its list of High Cash No Debt High Yield Stocks, and includes 25 companies, showing the stock symbol, market cap, forward price-to-earnings ratio, cash per share, yield, and cash per share as a percentage of price.

One example is Intersil Corporation (ISIL), a $1.8 billion market cap company, which manufactures analog integrated circuits. This dbt free company yields 3.2% and has a forward PE of 12.7. The stock has a healthy $3.09 per share in cash versus a recent stock price of 14.66. The company recently reported earnings and announced a 60% increase in quarterly revenues and an incredible 1,064.8% increase in earnings year over year.

Garmin Ltd. (GRMN) is another company that fits this criteria. This is the $7.5 billion market cap debt free company that makes global positioning system, or GPS products. The stock sports a 3.8% yield and forward PE ratio of 13.7. It has a nice cushion of $5.55 in cash per share. The company reports earnings tomorrow, May 5.

Superior Industries International, Inc. (SUP) pays a yield of 3.7% and carries a forward PE of 19.5. The stock has an amazing $5.27 in cash per share and has no debt. The company will be announcing earnings May 7.

To see the entire list of High Cash No Debt High Yield Stocks, which you can sort, change, and update, go to WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com

High Cash + No Debt + High Yield = Bargains

The cable and telecom company, Charter Communications Inc. (CHTR), just filed for bankruptcy, primarily due to their huge debt load. When you hear these stories, you realize how important it is to find stocks that are debt free if you are looking for more safer and secure companies to invest in. In addition, if the stock has a lot of cash, that adds to the level of safety. And if you can find stocks that meet both of these criteria, and the stock also pays a dividend, then maybe it is a stock worth buying.

WallStreetNewsNetwork.com recently uploaded its downloadable Excel database called High Cash No Debt High Yield Stock List. It lists over 30 companies that have a lot of cash, are debt free, and pay decent yields. Over a dozen have yields in excess of 4%. Here are a few examples, all of which have market caps over $1 billion and have no debt.

Maxim Integrated Products (MXIM) has almost $1 billion in cash, amounting to $3.04 in cash per share. They have a forward PE of 37 and pay a yield of 6.6%.

Lorillard (LO) which has $1.19 billion in cash, giving them $7.09 in cash per share. They have a forward PE of 10 and pay a yield of 6.3%.

Gentex Cp (GNTX) has $323 million in cash, amounting to $2.35 in cash per share. They have a forward PE of 18 and pay a yield of 5.5%.

Intersil Corp (ISIL) with $312 million in cash, giving them $2.56 in cash per share. They have a forward PE of 22 and pay a yield of 4.7%.

Garmin Ltd (GRMN) has $709 million in cash, amounting to $3.54 in cash per share. They have a forward PE of 7 and pay a yield of 4.4%.

To see the rest of the High Cash No Debt High Yield Stocks, including two which yield more than 9%, go to wsnn.com.

Author does not own any of the above.

By Stockerblog.com