It makes exactly the same sense as you choosing those tickers to buy now because you like how their businesses are performing now... What doesn't make sense to me is for you to suggest YOU can and should buy that sort of growth in those small companies now, but THEY shouldn't or can't ?
Cash is king in this kind of market... whether it is yours or theirs... which doesn't mean all the cash sitting on the sidelines now is equal, unencumbered, de-risked, or likely to be equally as skilfully deployed with better picks and better timing, etc.
I'd agree that a company sitting on a large pile of cash now, that isn't earning anything, but DOES have a big burn rate without any ability to staunch the bleeding... is NOT what I'm looking for.
SLT ? I admit I don't know India, but I'm guessing they will have fewer problems right sizing than GM has had ? But, maybe they will have a war with Pakistan soon ? Etc.
I'm not pushing the stock, it was just an example. Mergers are just beginning... but they will pick up pace as the economy bottoms... and companies well managed or lucky enough to have big piles of cash now, will be able to use the downturn to move up a wrung or two on the market ladder... to position themselves as future market leaders.
AI
