Stocks to Watch: Airbnb, Microsoft, and more...

High Cash Companies

Inside.com Part of   Network December 03, 2022

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Hey Insiders,  As economists prepare for a recession, many analysts are looking to cash-rich companies as a place to store their wealth, as these companies tend to outperform, given their ability to take advantage of opportunities when competitors have cashflow issues. Today we will look at seven companies with strong cash holdings.  Onward and Upward, Liam

Stock to Watch: Airbnb (NASDAQ: ABNB) The company has cash equivalent to 10% of the company's value.  The company has a 42.6% debt-to-equity ratio.  The company's current ratio is 1.9x.  The company's free cash flow is expected to grow by 41.9% next year.  The company's return on invested capital is expected to be 21.8% next year.

Stock to Watch: Deckers Outdoor (NYSE: DECK) The company has cash equivalent to 6% of the company's value.  The company has a 13% debt-to-equity ratio.  The company's current ratio is 2.6x.  The company's free cash flow is expected to grow by 216.7% next year.  The company's return on invested capital is expected to be 27.8% next year.

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Stock to Watch: Microsoft (NASDAQ: MSFT) The company has cash equivalent to 5.6% of the company's value.  The company has a 44.4% debt-to-equity ratio.  The company's current ratio is 1.8x.  The company's free cash flow is expected to grow by 1.9% next year.  The company's return on invested capital is expected to be 28.4% next year.

Stock to Watch: Cisco Systems (NASDAQ: CSCO) The company has cash equivalent to 10.9% of the company's value.  The company has a 22% debt-to-equity ratio.  The company's current ratio is 1.5x.  The company's free cash flow is expected to grow by 20.9% next year.  The company's return on invested capital is expected to be 26.7% next year.

Stock to Watch: Costco Wholesale (NASDAQ: COST) The company has cash equivalent to 4.7% of the company's value.  The company has a 55.2% debt-to-equity ratio.  The company's current ratio is 1x.  The company's free cash flow is expected to grow by 94% next year.  The company's return on invested capital is expected to be 20% next year.

Stock to Watch: Johnson & Johnson (NYSE: JNJ) The company has cash equivalent to 7.4% of the company's value.  The company has a 42.9% debt-to-equity ratio.  The company's current ratio is 1.4x.  The company's free cash flow is expected to grow by 16.4% next year.  The company's return on invested capital is expected to be 24.6% next year.

Stock to Watch: Qualcomm (NASDAQ: QCOM) The company has cash equivalent to 4.3% of the company's value.  The company has an 89.7% debt-to-equity ratio.  The company's current ratio is 1.7x.  The company's free cash flow is expected to grow by 64.2% next year.  The company's return on invested capital is expected to be 29.1% next year.

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Liam Gill is a founder, lawyer and investor. He previously founded Fumarii Technologies, which became a top 20 ranked cloud computing service (Yahoo Finance! 2019) valued at over $30M. He holds an LLB Laws (UK), MSc Management and Master of Laws and currently practices law in Vancouver, Canada.   Editor Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 and 1972 Fords.

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