Companies with lots of cash and no debt have a big advantage in the market. Not only can cash be a lifeline when the market goes south, it can be deployed to buy back stock, acquire competitors, or pay a dividend. In this video, Travis Hoium covers four stocks with lots of cash that could come in handy in the future.
*Stock prices used were end-of-day prices of Aug. 31, 2023. The video was published on Sept. 3, 2023.