Seven profitable stocks8/16/2009 7:52:48 AMMost Economist these days are stating the importance of cash.Information given by the Wall Street Journal in 2008 was that there were at least 64,000 companies that had some economic strain and had to therefore file for bankruptcy.It has been researched that the financial industry will be increasing in the corporate default rate in 2009.Even though this financial hardship has taking place employers are still responsible for the accrued debt,such as electric bills,employee paychecks, and mortgages.After vast searching seven companies have aroused that may not be in such financial bind, but there are still issues of debt.We all know in any means cash helps us all.Whenever someone has a spreadsheet of holding a good cash balance then it looks more efficient to creditors.If Bank of America and Goldman Sachs didn't have extra funds to fall back on then it would part of their financial destruction.Sprint, Time Warner,Las Vegas Sands,EMC,News Corp,Merck,and Apple are some of the most riches companies in the world today.The decision on investing in these companies are a personal decision.The thing to keep in mind is "debt." Does any of the companies that I may invest in have any debt? Comments
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