In these times of high debt and deleveraging it’s unusual to come across companies that aren’t in over their head. CNBC recently ran a piece listing some of the largest firms in the world who have immaculate balance sheets – NO DEBT. The list follows:
1. Novell (NOVL)
2. Expeditors International (EXPD)
3. Autodesk (ADSK)
4. Cognizant Tech (CTSH)
5. Bed Bath & Beyond (BBBY)
6. Electronic Arts (ERTS)
7. Broadcom (BRCM)
8. Juniper Networks (JNPR)
9. GAP Inc. (GPS)
10. Texas Instruments (TXN)
11. Celgene (CELG)
12. Forest Labs (FRX)
13. eBay (EBAY)
14. Apple (AAPL)
15. Google (GOOG)
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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