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Top cash-rich turnarounds: Microsoft, Motorola, Corning & Pfizer

posted 849 weeks ago on BloggingStocks

Filed under: Microsoft (MSFT), Pfizer (PFE), Motorola (MOT), Newsletters, Corning Inc (GLW), Bargain stocks, Stocks to Buy"The companies that will fare the best when the next credit crunch hits are those that have large amounts of cash," says turnaround expert George Putnam. "With that in mind," he adds, " we looked for companies with lots of cash, little debt and good businesses in some form of a turnaround." Here, the editor of The Turnaround Letter looks at Corning (NYSE: GLW), Motorola (NYSE: MOT), Microsoft (NASDAQ: MSFT) and Pfizer (NYSE: PFE). Putnam explains, "Corning has transformed itself from a marketer of housewares into a leading provider of optical fiber as well as precision glass used in liquid-crystal displays. It also has a presence in th

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