Stocks With Lots of Cash

Lots of cash is great, whether you are an individual or a company. One key statistic that value investors examine who look at value stocks is the cash per share. The cash per share is determined by taking all the cash on the company's book divided by all the shares that are outstanding. If the price of the stock is below the cash per share, and assuming the company has little or no debt, then it may be a great value investment.

There are plenty of stocks that sell below the cash per share, but you may want to avoid certain ones because they carry huge amounts of debt. A few airlines fall into that category, such as US Airways Group (LCC) and United Continental (UAL), both of which trade way below the cash per share but have debt in the billions.

Fortunately, investors can still find stocks trading below cash with little or no debt. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio, the market capitalization, the cash per share, and the total debt.

One example is the Livermore, California based FormFactor, Inc. (FORM), which makes and markets precision and high performance advanced semiconductor wafer probe cards used for testing chips and other devices. The company should continue to benefit from the appetite for microprocessors. This debt-free stock has over $6.25 in cash per share yet closed at only $5.71, a 9% discount. The stock is also selling at a big discount to its book value of 7.48. The stock trades at 1.61 times sales. The company reported a net loss of 1.17 per share for the latest quarter, but generated a 10% increase in revenues.

Another example is Digital River Inc. (DRIV), a Minnesota based outsourcer of e-commerce solutions, primarily online sales channel capability. The stock trades at 15.43 trading at a 13% discount to its cash per share of 17.79 and its book value of 17.74. The stock trades at 12.7 times forward earnings, and 1.51 times sales, with revenues rising 123%. The does have some debt in the mount of $354 million.

For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Stocks Selling Below Cash per Share

One metric that value investors look at is the amount of cash per share, in other words, dividing all the cash that the company has in the bank divided by all the outstanding shares. Then if you compare that cash per share to the stocks price, and if the cash exceeds the stock price, then you might have found a very favorable investment.

You obviously have to look at other factors and metrics, but finding the stocks below cash could be a good starting point. WallStreetNewsNetwork.com just updated its list of stocks selling below cash, which also includes data on the forward price to earnings ratio and the total debt.

One example is Investment Technology Group, Inc. (ITG) is a financial markets technology firm which is primarily sold to hedge funds and asset management companies. The company produced POSIT, the industry’s second anonymous electronic trade matching system, in 1987. ITG also markets tools for portfolio management, pre-trade analysis, order management, trade execution, and post-trade evaluation. The company has about $32 in cash per share and trades at 14 per share. The stock trades at 12.1 times forward earnings and total debt amounting to $34.2 million. Earnings per share increased by 13.2% for the latest quarter on a 2.3% increase in revenues.

Xinyuan Real Estate Co., Ltd. (XIN) is a China based residential real estate development business, and provider of property management services. The stock is trading at 2.22, about a 41% discount to cash per share of 3.76. The company has a forward price to earnings ratio of 2 and total debt of $323.5 million. Earnings for the latest quarter were down 2.1% on a 17.1% reduction in revenues.

For a list of stocks trading below cash per share, which you can update and sort, go to WallStreetNewsNetwork.com.

Disclosure: Author didn't own any of the above at the time the article was written.

By Stockerblog.com

Stocks Selling Near Cash and Debt Free

Being debt free, either from a personal standpoint or a corporate standpoint, can carry many financial advantages. Which means that debt free stocks selling at or near cash can be a very favorable investment. 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,the company would be unlikely to go out of business, unless it is a biotech with a high burn rate. Also, the cash can make the company a possible takeover candidate.

WallStreetNewsNetwork.com just updated its list of Stocks Selling Near Cash and Debt Free, which shows the recent price, market cap, cash per share, forward PE, and cash per share ratio.

As an example, Sycamore Networks Inc. (SCMR), which is in the intelligent bandwidth solution business, trades at less than $24 per share yet has over $15 in cash per share. The company is debt free.

WellCare Health Plans, Inc. (WCG) is another stock with lots of cash. This debt-free managed health-care services company, which sells for less than $41 per share, has a significant 34.50 per share in cash. The stock trades at 13 times forward earnings.

To see the other stocks selling near cash and debt free, which include a couple stocks trading for less than their cash per share, go to WallStreetNewsNetwork.com.

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

By Stockerblog.com