We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Why Investors Should Focus on Cash-Rich Stocks & ETFs
Read MoreHide Full Article
Investors believe that “cash is king” in the current environment of surging inflation, rising rates, and a potential economic slowdown. Therefore, ETFs that focus on cash-rich companies have seen a lot of interest from investors this year.
Per legendary investor Warren Buffett, free cash flow or the cash remaining after a company has paid expenses, interest, taxes, and long-term investments, is the most important valuation metric. Buffett loves companies that generate more cash than they need to run their businesses.
The Pacer U.S. Cash Cows 100 ETF (COWZ - Free Report) selects 100 US companies with strong cash flows and healthy balance sheets, from the Russell 1000 index. It has over $6.4 billion in assets. Valero Energy (VLO - Free Report) and Occidental Petroleum (OXY - Free Report) are its top holdings.
The Pacer Global Cash Cows Dividend ETF (GCOW - Free Report) selects developed-market large-cap companies that can continue to pay consistent dividends, through free cash flow yield and dividend yield screens. Exxon Mobil (XOM - Free Report) and Chevron (CVX - Free Report) are its top holdings.
Pacer Cash Cows Fund of Funds ETF (HERD - Free Report) holds five “cash cow” ETFs in equal weights. To learn more about these ETFs, please watch the short video above.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Why Investors Should Focus on Cash-Rich Stocks & ETFs
Investors believe that “cash is king” in the current environment of surging inflation, rising rates, and a potential economic slowdown. Therefore, ETFs that focus on cash-rich companies have seen a lot of interest from investors this year.
Per legendary investor Warren Buffett, free cash flow or the cash remaining after a company has paid expenses, interest, taxes, and long-term investments, is the most important valuation metric. Buffett loves companies that generate more cash than they need to run their businesses.
The Pacer U.S. Cash Cows 100 ETF (COWZ - Free Report) selects 100 US companies with strong cash flows and healthy balance sheets, from the Russell 1000 index. It has over $6.4 billion in assets. Valero Energy (VLO - Free Report) and Occidental Petroleum (OXY - Free Report) are its top holdings.
The Pacer Global Cash Cows Dividend ETF (GCOW - Free Report) selects developed-market large-cap companies that can continue to pay consistent dividends, through free cash flow yield and dividend yield screens. Exxon Mobil (XOM - Free Report) and Chevron (CVX - Free Report) are its top holdings.
Pacer Cash Cows Fund of Funds ETF (HERD - Free Report) holds five “cash cow” ETFs in equal weights. To learn more about these ETFs, please watch the short video above.