Forget the golf clubs! We have some great investment ideas Foolishly wrapped up in this special series for Father’s Day.

It's time to face the truth. Whisper it or shout it, but just admit it. Dad did know what he was talking about. Perhaps your dad is like mine, abiding by "old-school" money values that don't always get a rousing reception from the young: Save for a rainy day. Don't spend what you don't have. …

This Father's Day, why not consider stocks with solid balance sheets for Dad? These stocks have zero (or at least very little) long-term debt and high levels of cash. Mix in some cutting-edge technologies, and these companies may have exactly what your dad is looking for in a Father's Day gift.

If your dad is a tech guy, then he's always looking for the latest gadget. But instead of buying him a Garmin (NASDAQ:GRMN) GPS navigation device, consider purchasing a few shares of the company's stock. Besides meeting our no-debt and strong cash balance criteria, Garmin is one of the Fool's Best Stocks of 2008 and is currently priced at a discounted price-to-earnings ratio of 11.9.

Does your dad like to play video games? Then Electronic Arts (NASDAQ:ERTS) may be right up his alley. Electronic Arts may have posted recent losses, but it is hoarding $1.5 billion (or 40% of annual revenue) in its cash coffers. Think about Research In Motion (NASDAQ:RIMM), hovering near its 52-week high, for those BlackBerry-obsessed dads out there.

Of course, a new iPhone may be the apple of your father's eye, but maybe he'd prefer a share or two of Apple (NASDAQ:AAPL) stock. Apple continues to stockpile cash and short-term investments (more than $19 billion through March 2008) throughout its sustained double-digit sales growth. 

If your dad is a real tech nerd, then maybe he'd prefer shares of Baidu (NASDAQ:BIDU) or Google (NASDAQ:GOOG). Both of these stocks share high growth prospects, no long-term debt, and oodles of money on-hand.

Your dad deserves something for all of his great financial advice. Why not buy him some stock this Father's Day? Or at least forward this article to him, so you can give him some investing advice for once!

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