The nation may be facing a long, deep recession, but Kiplinger's Personal Finance says some companies are positioned to survive and thrive. The publication has singled out the stocks of five such companies.
"These are all 11-digit cash stashes," executive editor Manuel Schiffres explained to CNBC. "At least $10 billion in cash; that's after debt."
Topping the list is Exxon Mobil.
"Exxon's shares are off only 22 percent from their 52-week high," Schiffres pointed out. "Exxon is a stable company, $37 billion in cash...it's very well managed."
Then there's CiscoSystems, with $19 billion in cash reserves.
"Clearly, there are concerns that sales of routers and switchers will suffer in a weaker economy," he said, but added, "This is about as cheap as you can get for Cisco; one fund manager described this as 'a no-brainer.'"
Apple is another standout.
"Obviously, you know the story: iPod, iPhone, Macs, a great innovator, tremendous earnings growth in recent years," he said. "Apple could announce a major buyback program sometime in the next year or so."
The most controversial stock on the list could be drugmaker Pfizer.