3 Growth Stocks That Are Generating Tons of Free Cash
One of the easiest ways to evaluate a company's business is by looking at its statement of cash flow. Here investors can avoid a lot of the noise and pitfalls that can come with simply looking at a company's income statement, such as investment-related gains that help disguise bad bottom lines or low-margin revenue growth. There's not much to hide with respect to cash -- it either increased or it didn't. And the statement of cash flow shows you how that happened.
Three companies that are doing exceptionally well with regard to generating positive free cash are Align Technology (NASDAQ: ALGN), Workday (NASDAQ: WDAY), and Activision Blizzard (NASDAQ: ATVI). And with all of these businesses growing, there's likely more of the green stuff on the way.
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Source Fool.com
