Can Debt Free Selling At Cash Stocks Beat the Dow? Up 29% in Two Months

Back in March, WallStreetNewsNetwork.com produced a free downloadable Excel spreadsheet database of Debt Free Stocks Selling At Or Near Cash. These are stocks which have virtually no debt and are trading at the amount of cash the company has per share. The reasoning behind choosing such stocks is that without any debt and a lot of cash, it would be hard for the companies to go out of business. In addition, the cash can make the companies takeover candidates.

If you take a look at the 17 stocks on the list, which shows the trading price as of March 4, 2009, and compare those prices to the close as of today, May 12, you would discover that every stock on the list was up and the average percentage increase was 29%, versus 23% for the Dow and 27% for NASDAQ. If you had chosen the right stocks, such as optionsXpress Holdings (OXPS), you would have had an increase of 74%. Other strong examples include Teradyne Inc. (TER) up 49%, and Riverbed Technology (RVBD) up 72%.

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

Low Price to Cash Ratio with No Debt Stocks

What stock could be better than a company that is debt free and is trading at a price that is below the amount of cash they have per share. In other words, if the company went out of business, it wouldn't have any debts to pay off, and even if they couldn't sell off any of their assets, just the cash in the banks alone would be more than enough to give the investors a profit. The company would have to lose money at an incredible burn rate in order for the investor to lose money. So do such stocks exist? Yes, WallStreetNewsNetwork.com has come up with its latest downloadable and sortable list of debt free stocks selling close to cash per share. Here are a few examples:

Sycamore Networks (SCMR) is a debt free company recently traded at 2.56, an 8% discount to its cash per share of 2.79.

optionsXpress Hold (OXPS) is trading right about at its cash per share. The stock has a forward P/E ratio of 7.62 and has no debt.

FormFactor (FORM) was recently trading at 14.96, close to its cash per share of 10.66 per share. The company has no debt.

For a list of 17 stocks with no or low debt that are trading around cash per share, go to wsnn.com. The list is in the form of an Excel spreadsheet, which can be added to, sorted, and changed.

Author does not own any of the above.

By Stockerblog.com