Jefferies & Co. offered a list of the top 10 companies with low cash and high near-term debt maturities this week that it’s advising investors to avoid.
The top 10 are: Hewlett Packard Enterprise HPE , Stanley Black & Decker SWK , Evergy EVRG , McCormick MKC , NiSource NI , Sempra SRE , Celanese CE , Ameren AEE , Eversource Energy ES and DTE Energy DTE , according to Jefferies global head of microstrategy, Desh Peramunetilleke. “Rates and yields are rising sharply in the U.S. and Europe, with both interest income and interest expense set to rise, making cash the king,” he told clients in a note.
Looking across regions, the analyst found that the U.S. and Europe are the most-geared, with the least amount of cash on balance sheets.
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Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »