economy
These companies have cash and are liked on Wall Street
Wolfe Research screened for companies with market caps above $250 million that are in the top quintile for net cash-to-market cap ratio.
TL;DR
- Companies with large cash hoards and strong buy ratings are favored by Wall Street.
- A screening by Wolfe Research focused on companies with market caps above $250 million and top-tier net cash-to-market cap ratios.
- Deckers Outdoor (12% ratio) is expected to gain nearly 20%.
- Airbnb (11% ratio) has an average analyst expectation of almost 20% upside.
- Okta (15% ratio) is predicted by analysts to gain about 8% in the next year.