Tuesday, February 10, 2009

Cash Is King For These Lucky 7

As I wrote a few weeks ago, that while we are in a down economy look for stocks that hold lots of cash and very little to NO debt. Some of you might say, why not just hold cash, isn't this better. Well certainly in the short term it is, but over a longer period your cash will be eaten up by inflation. How about Bonds? Well bonds may pay a better rate than cash and what I mean by cash is in short term instruments, 2 years and under. I have added a few more cash rich companies to my existing list.

The Buckle(BKE) operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. The company’s casual apparel products include denims, bottoms, tops, sportswear, and outerwear. As of February 2, 2008, it operated 368 retail stores under the ‘Buckle’ and ‘The Buckle’ brand names. The company was founded in 1948. It was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in 1991. The Buckle is headquartered in Kearney, Nebraska.
Here's what they are saying over at the Street.com.

  • Market Cap 1.08 bil.
  • Revenue 748mil.
  • CASH 118MIL.
  • Mgmt. owns 50%
  • Small cap specialist Royce & Associates holds 5% stake.

Forest Laboratories(FRX) together with its subsidiaries, develops, manufactures, and sells branded and generic forms of ethical drug products, and non-prescription pharmaceutical products.

  • Market Cap 7.7bil.
  • Revenue 3.85bil.
  • CASH 1.9bil.
  • Value Investor Bruce Burkowitz and Fairholme Capital Mgmt. holds 6% stake.

Garmin(GRMN) and its subsidiaries design, develop, manufacture, and market global positioning system (GPS)-enabled products and other related navigation, communications, and information products worldwide.

  • Market Cap 3.4bil.
  • Revenue 3.6bil.
  • CASH 540mil.
  • Mgmt. owns 43%
  • The Davis Funds the company that legendary investor Shelby Davis started in 1947 holds a 2.6% stake.

LoopNet(LOOP) operates an online marketplace for commercial real estate in the United States. Its online marketplace, LoopNet.com enables commercial real estate agents working on behalf of property owners and landlords to list properties for sale or for lease by submitting detailed property listing information, including descriptions, financial and tenant information, photographs, and property characteristics in order to find a buyer or tenant.
Here is what they are saying over at the Fool.com.

  • Market Cap 240mil.
  • Revenue 85mil.
  • CASH 69mil.
  • Mgmt. owns 18%
  • Small cap specialist Royce & Associates holds 2.6% stake.

Microsoft Corporation(MSFT) provides software products for computing devices worldwide. Its Client segment offers Windows product family that comprises Windows Vista; Windows XP Professional and Home; Media Center Edition; Tablet PC Edition; and other Windows operating systems.
Here's the scoop over @ Valueplays

  • Market Cap 168bil.
  • Revenue 62bil.
  • CASH 20bil.
  • debt 2bil.
  • Mgmt. owns 13.3%(Bill Gates 8.5%)

Nam Tai Electronics(NTE) provides electronics manufacturing and design services to the telecommunications and consumer electronic products original equipment manufacturers.
This is what they are saying over at the Fool.com.

Market Cap 202mil.
Revenue 640mil.
debt 8.19mil
Mgmt. owns 17%
Kahn Brothers Group holds 3.84% stake. Kahn Brothers Group was started by Irving Kahn who was a teaching assistant under Benjamin Graham.
Small cap specialist Royce & Associates holds 5% stake.

Syneron Medica(ELOS) together with its subsidiaries, designs, develops, and markets aesthetic medical products based on its ELOS technology to provide aesthetic medical treatments.

  • Market Cap 197mil.
  • Revenue 139mil.
  • CASH 120MIL.
  • no debt
  • Deep Value Investor Seth Klarman of the Baupost Group owns 10% stake
  • Small cap specialist Royce & Associates holds 2.66% stake.

Author long Msft

No comments:

Post a Comment