Cash flow is a great valuation metric to look at when calculating how solid a company may be, said Lee Eugene Munson, CIO of Portfolio Asset Management, and Michael Farr, president of Farr, Miller & Washington.
They each shared their best 5 stock picks with investors.
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“Companies with stronger cash flow are really attractive, particularly through a difficult period,” Farr told CNBC.
Farr’s Recommendations:
United Technologies
Danaher
Paychex
Waters
Microsoft
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Disclosure:
Farr and his firm own shares of UTX, DHR, PAYX and MSFT.
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CNBC Slideshows:
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