10 Blue Chips With Cash Cushions for a Crisis
Big war chests make these stocks the definition of stable
Cash and Investments: $43.5 billion
Annual Operating Cash Flow: $38.8 billion
Revenue Per Employee: $3.7 million
Chevron (CVX) may not be as big as Exxon (XOM), but it tips the scales at over $240 billion in market cap, so it’s hardly a runt energy stock.
Like Exxon, Chevron enjoys a mammoth cash stock pile and tremendous cash flow annually from its oil operations.
Unless you think that crude oil and gasoline-powered autos are going to vanish tomorrow, I wouldn’t worry about investing in Chevron.
Article printed from InvestorPlace Media, http://investorplace.com/2013/08/10-blue-chips-with-cash-cushions-for-a-crisis/.
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