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Bullet-Proof Balance Sheets

Bullet-Proof Balance Sheets

9.42k followers18 symbols Watchlist by Motif Investing

Cash-rich companies have lower credit risk and can invest in growth, even when debt-ridden rivals are pulling back.

Curated by Motif Investing

Background

Companies with large cash balances are better positioned to finance their own growth – which can help generate even more surplus cash. Strong balance sheets can also give companies the flexibility to either reinvest in their business or consider buying distressed assets during times of economic uncertainty and tight credit conditions. Meanwhile, companies with too much debt could be sweating out creditors and the chance of rising interest rates.

This motif provides exposure to companies with the highest net cash balances and average positive earnings during the past three years.

How did we choose these stocks?

We identified US-listed stocks and American Depository Receipts of companies that are engaged in activities relevant to this watchlist's theme. We then filtered out companies that have a share price of less than $1.00 or a market capitalization less than $100 million, and excluded illiquid stocks by screening companies for liquidity i.e. average bid-ask spreads, dollar volume traded etc. Finally the proprietary Motif Optimization Engine determined the constituent stocks. Learn more about how we select our watchlists.

Who made these selections?

Motif is an online brokerage built on thematic portfolios of up to 30 stocks and ETFs. Founded in 2010 by Hardeep Walia, Motif combines complex proprietary algorithms with skilled advisers to develop these thematic portfolios. Learn more about our team.

How are these weighted?

First, we determined each company's percentage of total revenue derived from this watchlist's theme. Second, we applied a pure-play factor to give greater relative weight to companies that derive a higher percentage of their revenue from this theme. Finally, we weighted each company by its market capitalization adjusted for revenue exposure to the theme.

More details on how we build and weight watchlists are available here.

Performance

WatchlistChange today1-month return1-year returnTotal return
Bullet-Proof Balance Sheets-0.51%+25.31%+2.24%+63.50%
^GSPC-0.12%-3.49%+11.63%+3460.81%

18 symbols

SymbolCompany nameLast priceChange% changeMarket timeVolumeAvg vol (3-month)Market cap
AAPLApple Inc.111.09-0.72-0.64%10:02 am GMT-420.19M174.16M1,899.92B
MSFTMicrosoft Corporation205.75-1.67-0.81%10:02 am GMT-44.15M35.32M1,557.04B
GOOGAlphabet Inc.1453.395-12.06-0.82%10:02 am GMT-4231.35k1.83M986.61B
JNJJohnson & Johnson146.12+1.91+1.32%10:02 am GMT-41.56M6.14M384.71B
MAMastercard Incorporated332.13-3.18-0.95%10:02 am GMT-4280.75k3.74M332.48B
ADBEAdobe Inc.483.3-3.48-0.71%10:02 am GMT-4284.00k3.06M231.82B
NKENIKE, Inc.127.881+11.01+9.42%10:02 am GMT-412.81M6.40M199.48B
ORCLOracle Corporation59.9901-0.63-1.04%10:02 am GMT-41.35M15.03M180.62B
CSCOCisco Systems, Inc.39.18-0.14-0.36%10:02 am GMT-42.44M23.32M165.87B
ACNAccenture plc236.26-0.66-0.28%10:02 am GMT-4312.51k1.82M150.52B
ADPAutomatic Data Processing, Inc.132.18-0.73-0.55%10:02 am GMT-4154.63k2.04M56.83B
LRCXLam Research Corporation324.705+6.01+1.89%10:02 am GMT-4362.56k1.77M47.29B
ADIAnalog Devices, Inc.114.66-0.04-0.03%10:02 am GMT-4290.08k3.35M42.37B
CTSHCognizant Technology Solutions Corporation68.62+0.37+0.54%10:02 am GMT-4395.37k2.92M37.21B
XLNXXilinx, Inc.99.83-0.19-0.19%10:02 am GMT-4122.22k2.45M24.39B
GLWCorning Incorporated31.52-0.09-0.28%10:02 am GMT-4227.44k5.12M24.01B
CHKPCheck Point Software Technologies Ltd.119.595-0.46-0.38%10:02 am GMT-458.72k1.14M17.66B
TSTenaris S.A.10.075-0.07-0.74%10:02 am GMT-4268.23k1.74M5.92B