3 Cash-Rich Defensive Companies Making Investors Rich

The phrase “cash is king” can mean several different things depending on perspective. To a local restaurant that only accepts cash payments, ‘cash is king.’ To investors in an overheated stock market, a ‘cash is king’ strategy keeps money on the sidelines in anticipation of cheaper prices. From…#alphabet #cost #costco #walmartinc #wmt #samsclub #walmart #cocacolacompanynyse #eps #coke

Source: Reuters: Health - July 5, 2023 Category: Consumer Health News Source Type: news