Look for Stocks With This Balance Sheet Trait to Outperform In the Coming Recovery
Bear markets can often feel like doomsday events for investors, but there's good that comes out of these healthy downturns. Bear markets separate the wheat from the chaff.
In other words, they make apparent the companies that are worthy of investor dollars, as well as those that probably should have never gone public in the first place.
There's one very distinguishable trait that nearly all bear market winners have in common: Healthy cash levels on their balance sheets.
Source Fool.com
