Stock Quotes in this Article: GRMN, SUP, WMK

SAN FRANCISCO (Stockerblog) -- When investors look for stocks, they often run screeners, which extract stocks that meet certain criteria. Conservative investors usually look for high yields, but beyond that, there are screens that narrow the list to higher-quality companies. The additional criteria can include low or no debt and a high cash position.

Recently, updated its free list of High-Cash, No-Debt, High-Yield Stocks, which includes over 20 companies and their market caps, forward price-to-earnings ratios, cash per share, yields and cash per share as a percentage of price.

One company that made the list is Garmin (GRMN), a $5.85 billion market-cap debt-free company that makes global positioning system, or GPS, products. The stock sports a 4.9% yield and forward P/E ratio of 11.8. It has a nice cushion of $6.50 in cash per share.


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    Superior Industries International (SUP), a manufacturer of aluminum road wheels, pays a yield of 3.1% and carries a forward P/E of 13. The stock has an amazing $5.09 in cash per share and has no debt.

    Weis Markets (WMK), a retail supermarket chain, has a market cap of $1.06 billion, $5.03 in cash per share, a P/E of 15 and a yield of 2.9%.

    For more high--yield stocks with lots of cash and no debt, find the list at

    At the time of publication, author had no positions in stocks mentioned.

    Fred Fuld III, the publisher of stock and bond investing blog Stockerblog and founder of WallStreetNewsNetwork, has been in the financial services industry for over 20 years, working as an investment advisor, options market maker at the Pacific Stock Exchange, vice president of a San Francisco money management firm, university faculty member and wholesaler for the New Alternatives Fund (the first environmentally conscious mutual fund). He is the author of the books Investing in Brazil Stocks and The Green Light on Green Stocks.