3 Top Stocks That Are Cash Cows
There's a long list of ways in which a company's reported earnings can fail to reflect the true performance of the business. These include one-time write-offs, tax adjustments, and accounting charges, just to name a few. Management teams can sometimes make decisions that juice reported earnings (for example, through asset sales) at the expense of long-term profitability.
That's why many investors choose to put a premium on cash flow metrics, which can paint a more reliable picture of the business. With that goal in mind, let's look at three companies -- eBay (NASDAQ: EBAY), Netflix (NASDAQ: NFLX), and McDonald's (NYSE: MCD) -- that are minting cash so far in 2021.
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Source Fool.com