Intel, Microsoft and Qualcomm: 'Cash-heavy techs'

Published: September 6, 2007, 9:13 am

Tags: cash heavy stocks, cash rich stocks, chuck carlson, financial strength, intc, intel, microsoft, msft, qcom, qualcomm, steven halpern, tech stocks, technology stocks, the drip investor, thestockadvisors com

Filed under: Microsoft (MSFT), Intel (INTC), Newsletters, QUALCOMM Inc (QCOM), Bargain stocks, Chasing Value, Stocks to Buy"Given the problems in the credit markets, companies with plenty of cash and little debt should find support on Wall Street," says Chuck Carlson, editor of The DRIP Investor and the industry leader in dividend reinvestment plans. Here, the advisor profiles three such "cash-heavy firms"-- Intel (NASDAQ: INTC), Microsoft (NASDAQ: MSFT) and Qualcomm (NASDAQ: QCOM). Carlson explains, "Companies with lots of cash have lots of flexibility in how they run their businesses. Big cash coffers allow firms to pursue acquisitions, fund capital projects, boost dividends, or buy back stock." He continues, "Also, companies with big cash holdings will become increasingly attractive as takeover candidates, especially if the large cash holdings represent a big chunk of the company's market value." The advisor has screened for companies with strong cash positions and long-term

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