3 Top Stocks That Are Cash Cows
One of the best strategies for finding rewarding stocks for the long term is to focus on how well a company generates free cash flow. Earnings per share is the most widely touted profit metric, which gets all the headlines when companies report quarterly results. But, as they say, cash is king.
Companies that generate lots of cash can reward shareholders with dividends, share repurchases, reinvest for growth, or make a game-changing acquisition that enhances the company's value to investors.
With that said, Apple (NASDAQ: AAPL), Amazon.com (NASDAQ: AMZN), and PayPal Holdings (NASDAQ: PYPL) are three companies that do a phenomenal job of churning out healthy amounts of free cash flow, which is why these stocks could be excellent choices for your portfolio.
Source Fool.com
