Microsoft Corporation (MSFT), Apple Inc. (AAPL), Freeport-McMoRan Copper & Gold Inc. (FCX): These Stocks Are Sitting on Mountains of Cash

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Mountains of cash mean margins of safety

These stocks all have three key qualities in common: steady profits, strong dividend yields, and massive amounts of cash on the balance sheet. These companies provide their shareholders with the margin of safety of having at least 25% of their market values in cash on the books. That will surely help limit downside risk, even in today’s volatile market environment.

As a result, if you’re looking for companies with sparkling clean balance sheets, that are sitting on piles of cash with manageable debt levels, this list is a great place to start.

Robert Ciura owns shares of Apple. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple, Freeport-McMoRan Copper & Gold, and Microsoft.

The article These Stocks Are Sitting on Mountains of Cash originally appeared on Fool.com.

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