3 Cash Cow Stocks to Buy in This Bear Market
In an economic downturn, companies with lots of cash benefit in several ways. Not only are they safer than companies with lots of debt, but they can capitalize on the weakness of others, making cheap acquisitions or buying back their own stock at a discount.
Not only that, but cash-rich stocks also have an added benefit at the current moment. Many companies park their corporate cash into short-term Treasury bonds, which now have larger yields than they've had in years. In fact, the one-year Treasury Bond now yields roughly 4.3%, up from near-zero just a year ago.
These three stocks all have lots of options today, making them good pickups in this bear market.
Source Fool.com
