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3 Net Cash Stocks trading near 52 weeks low
By SmallCapAsia  •  November 18, 2021
Many factors will affect a company’s share price, be it political risk, weak outlook, etc. These sentiments may be temporary but it still hit the stocks severely as one negative sentiment leads to another. As a result, these stocks will be sold down to its 52 weeks low and beyond like the China stocks… ahem Alibaba ahem… On the other hand, many of these 52W low stocks are also net cash firms – with more cash than debt. This sets them up for a spring coil with the gun powder below and ready to strike when the opportunity comes (catalyst). Below, we highlight 3 stocks trading at its 52 weeks low and is in a net cash position too. Net Cash Stock#1 – Riverstone Holdings Malaysia-based Riverstone is a global market leader in the manufacturing of nitrile and natural rubber clean room gloves used in highly controlled and critical environments as well as premium nitrile gloves used in the healthcare industry....
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By SmallCapAsia
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