Long-term equity investors should focus on cash-rich companies willing to spend much more than stimulus recipients, says Jefferies – Business Insider


Lucas Jackson / Reuters Long-term investors should focus on U.S. companies that are on the verge of a spending spree in a post-pandemic environment, Jefferies said in a note Tuesday. The current profit cycle for U.S. companies is unique because of their increased levels of cash, which will be spent on share buybacks, dividends, and […]

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