The table is at the end of this post. The five highest are financial type companies, plus GM. GM has obligations in terms of retirement and union contracts. That leaves the most interest group as:
KO, IBM, AA, MSFT, XOM, INTC, HPQ, MRK, BA, PFE
None of these ten have huge, huge cash positions, but enough to do acquisitions without additional financing. The cash per share figure is taken from Yahoo. As always there may be errors in the data, so do your own homework.
Another big cap stock that has lots of cash is IP. Of course, with the housing slow down demand for lumber is down. However, IP has cash on hand to weather the storm.
Table: Dow 30 stocks ranked by cash per share percentage
Sym price cash/sh per
T . . . 25 . . 0.27 . . 1%
KFT . . 29 . . 0.46 . . 2%
PG .. . 62 . . 1.2 .. . 2%
CAT . . 39 . . 0.78 . . 2%
GE .. . 19 . . 0.38 . . 2%
VZ .. . 27 . . 0.72 . . 3%
HD .. . 20 . . 0.62 . . 3%
WMT . . 54 . . 1.70 . . 3%
MCD . . 54 . . 2.10 . . 4%
DD .. . 34 . . 1.6 .. . 5%
MMM . . 56 . . 2.8 .. . 5%
DIS . . 25 . . 1.4 .. . 6%
CVX . . 62 . . 4.1 .. . 7%
UTX . . 51 . . 3.6 .. . 7%
JNJ . . 63 . . 4.6 .. . 7%
KO .. . 44 . . 3.5 .. . 8%
IBM . . 91 . . 7.3 .. . 8%
AA .. . 12 . . 1.0 .. . 8%
MSFT .. 24 . . 2.3 . . 10%
XOM . . 68 . . 7.6 . . 11%
INTC .. 16 . . 2.2 . . 14%
HPQ . . 40 . . 6.0 . . 15%
MRK . . 29 . . 4.6 . . 16%
BA .. . 45 . . 9.9 . . 22%
PFE . . 17 . . 3.8 . . 22%
AXP . . 23 .. 17.9 . . 78%
BAC . . 23 .. 68.6 .. 298%
JPM . . 39 .. 226 . . 579%
GM .. . 6.4 .. 38 . . 594%
C . . . 15 .. 154 .. 1026%
No comments:
Post a Comment