Mark Grant, the chief global strategist for fixed income at B. Riley FBR, is usually focused on the bond market, but he had an interesting suggestion for long-term investors that he shared with Stuart Varney on Fox Business:
The S&P 500 Index SPX, -1.51% has tumbled 27% since its closing high Feb. 19, while the S&P 500 information technology sector has declined 25%. Here are the 20 companies on the list with the lowest ratios of long-term debt to equity, per their most recent financial reports, according to FactSet:Scroll the table to see all the data.
The stock screen is only a starting point for further research. The debt-to-equity ratios are as of the dates indicated on the table, to the right. A company may have issued more debt since that date or made other announcements of importance to investors.
Must be getting close to owning it all?
None yet US headed to depression!
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessInsider - 🏆 729. / 51 Read more »