3 Top Stocks That Are Cash Cows
One trick to identifying great companies is to work backwards. Find companies that generate lots of free cash flow every year. Usually, these businesses will have plenty of cash sitting in the bank to weather the inevitable soft periods in the economy, not to mention the potential perks of growing dividend payments, share repurchases, and having a sizable war chest for investments and acquisitions.
Here are three technology leaders that generate plenty of free cash flow and have cash-rich balance sheets: NVIDIA (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL).
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Source Fool.com
