3 Cash-Heavy Stocks to Keep an Eye On

Companies with more cash than debt often have stronger financial flexibility, making them attractive in uncertain markets. Without interest payments being less of a worry, these businesses can invest more in growth, innovation, or buybacks and dividends.

Not all companies with sound capital structures are created equal, and StockStory is here to help you find the best. That said, here are three companies with net cash positions that can continue growing sustainably.

Lam Research (LRCX)

Net Cash Position: $1.91 billion (1.5% of Market Cap)

Founded in 1980 by David Lam, the man who pioneered semiconductor etching technology, Lam Research (NASDAQ:LRCX) is one of the leading providers of wafer fabrication equipment used to make semiconductors.

Why Is LRCX a Good Business?

1. Market share has increased this cycle as its 12.9% annual revenue growth over the last five years was exceptional
2. Excellent operating margin of 30.5% highlights the efficiency of its business model, and its operating leverage amplified its profits over the last five years
3. Stellar returns on capital showcase management’s ability to surface highly profitable business ventures

Lam Research’s stock price of $102.42 implies a valuation ratio of 25.5x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free.

Duolingo (DUOL)

Net Cash Position: $1.00 billion (8.1% of Market Cap)

Founded by a Carnegie Mellon computer science professor and his Ph.D. student, Duolingo (NASDAQ:DUOL) is a mobile app helping people learn new languages.

Why Are We Bullish on DUOL?

1. Monthly Active Users are rising, meaning the company can increase revenue without incurring additional customer acquisition costs if it can cross-sell additional products and features
2. Performance over the past three years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 311% outpaced its revenue gains
3. DUOL is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders, and its recently improved profitability means it has even more resources to invest or distribute

At $271.05 per share, Duolingo trades at 38.9x forward EV/EBITDA. Is now the time to initiate a position? See for yourself in our full research report, it’s free.

Origin Bancorp (OBK)

Net Cash Position: $116.6 million (9.7% of Market Cap)

Founded in 1912 during the early boom days of Louisiana banking, Origin Bancorp (NYSE:OBK) is a financial holding company that provides personalized banking services to businesses, municipalities, and individuals across Texas, Louisiana, and Mississippi.

Why Does OBK Stand Out?

1. Annual net interest income growth of 12.5% over the past five years was outstanding, reflecting market share gains this cycle
2. Performance over the past five years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 17.3% outpaced its revenue gains
3. Market-beating return on equity illustrates that management has a knack for investing in profitable ventures

Origin Bancorp is trading at $38.65 per share, or 1x forward P/B. Is now a good time to buy? Find out in our full research report, it’s free.

High-Quality Stocks for All Market Conditions

When Trump unveiled his aggressive tariff plan in April 2025, markets tanked as investors feared a full-blown trade war. But those who panicked and sold missed the subsequent rebound that’s already erased most losses.

Don’t let fear keep you from great opportunities and take a look at Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025).

Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today

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