- Greek Exit Could Trigger 50% Fall in Euro Stocks: Analyst
- Big Stock Upside for Hudson City Deal: Analyst
- 5 High-Yield Stocks Ready to Boost Dividends
- Option Bulls Take Another Shot on Idenix
- Top 20 European Stocks for Crisis Time: Strategist
- Hewlett-Packard Faces a ‘Dogfight’ for Talent: Analyst
- DuckDuckGo Cooks Google’s Goose: Analyst
- General Electric’s $4.5 Billion Dividend Slated for Buybacks
ABOUT THE CNBC STOCK BLOG
ART CASHIN
RSS FEED
CNBC Stock Blog
Text Size 
Five Stocks to Fight The Recession
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."
Recommendations:
Topping the list is Exxon Mobil [XOM
Loading...
()
].
"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 Cisco Systems [CSCO
Loading...
()
], 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 [AAPL
Loading...
()
] 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 [PFE
Loading...
()
].
"The stock has been as dull as aspirin for the last eight years," he said. "The case for Pfizer is it's dirt-cheap...it's not going out of business...its pipeline of new drugs is probably stronger than most people give it credit for, and it could well announce another big cost-reduction program."
Rounding out the list is Google [GOOG
Loading...
()
].
Disclosures:
Disclosure information for Manuel Schiffres was not immediately available.
Data is a real-time snapshot *Data is delayed at least 15 minutes
