The U.S. Federal Reserve is set to make an interest rate announcement on September 17, 2015. A rate increase could send shockwaves throughout Wall Street and yet some companies, such as the ones on our list, should see its stock price outperform due to an ample amount of cash, little debt, and positive free cash flow.
Visa Inc. (NYSE: V) – $70.51
Business Support Services
Visa Inc. is a payments technology company that is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments.
- Market Cap: $170,327,487,363
- Debt (LFQ): $0
- Cash and Short Term Inv. (LFQ): $4,722,000,000
- Free Cash Flow (2014): $6,652,000,000
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Paychex Inc. (NASDAQ: PAYX) – $45.31
Employment Services
Paychex, Inc. is a provider of integrated payroll, human resource, insurance, and benefits outsourcing solutions for small- to medium-sized businesses. The Company offers services and products that allow its clients to meet their diverse payroll and human resource needs. These include: payroll processing; payroll tax administration services; employee payment services; regulatory compliance services; Paychex HR Services; retirement services administration; insurance services; and online HR administration services.
- Market Cap: $16,365,972,000
- Debt (LFQ): $0
- Cash and Short Term Inv. (LFQ): $536,600,000
- Free Cash Flow (2014): $792,400,000
Monster Beverage Corp. (NASDAQ: MNST) – $132.48
Non-Alcoholic Beverages
Monster Beverage Corporation, based in Corona, California, is a holding company and conducts no operating business except through its consolidated subsidiaries. The Company’s subsidiaries market and distribute energy drinks, including Monster Energy energy drinks, Monster Energy Extra Strength Nitrous Technology energy drinks, Java Monster non-carbonated coffee + energy drinks, M3 Monster Energy Super Concentrate energy drinks, among others.
- Market Cap: $27,158,677,531
- Debt (LFQ): $0
- Cash and Short Term Inv. (LFQ): $1,010,071,000
- Free Cash Flow (2014): $557,615,000
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Chipotle Mexican Grill Inc. (NYSE: CMG) – $726.80
Restaurants & Bars
Chipotle Mexican Grill, Inc. (Chipotle) develops and operates Chipotle Mexican Grill restaurants, which serve a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates 1,755 restaurants in the United States, seven in Canada, six in England, three in France, and one in Germany.
- Market Cap: $22,633,842,070
- Debt (LFQ): $0
- Cash and Short Term Inv. (LFQ): $879,230,000
- Free Cash Flow (2014): $429,477,000
Intuitive Surgical Inc. (NASDAQ: ISRG) – $513.77
Advanced Medical Equipment & Technology
Intuitive Surgical, Inc. designs, manufactures and markets da Vinci Surgical Systems and related instruments and accessories. The Company’s da Vinci Surgical System consists of a surgeon’s console, a patient-side cart and vision system. The da Vinci Surgical System provides its operating surgeons with control, range of motion, tissue manipulation and three-dimensional (3-D), high-definition (HD) vision. It allows surgeons to work through the small ports enabled by minimally invasive surgery (MIS) procedures.
- Market Cap: $18,901,222,290
- Debt (LFQ): $0
- Cash and Short Term Inv. (LFQ): $1,561,500,000
- Free Cash Flow (2014): $559,500,000