Ten Stocks Squat On 34% Of The S&P 500’s Cash Pile
Giant S&P 500 companies keep tossing dividends and buybacks at investors. The reason is simple: They can’t get rid of cash fast enough.
Already, just 10 stocks including Apple (AAPL), Alphabet (GOOGL) and Microsoft (MSFT) control more than a third of the $2.5 trillion in cash and investments sitting on S&P 500 nonfinancial companies’ balance sheets, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge.
