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5 cash rich companies with strong balance sheets that can emerge unscathed from current turmoil

5 cash rich companies with strong balance sheets that can emerge unscathed from current turmoil
5 cash rich companies with strong balance sheets that can emerge unscathed from current turmoil

Synopsis

Since the froth in the market is high, investors have to be extra careful and that is why experts are asking them to stick with cash rich companies that will be able to negotiate this ongoing turmoil successfully. The five shortlisted companies are from diverse industries with at least 15% upside potential from the current market price.

Strict lockdowns seem to have had little effect in bringing the pandemic under control in big cities. To make matters worse, the virus is now spreading like wildfire in tier 2 and 3 cities, which had been relatively less affected all this time. The number of new cases around the country has been surging, touching 45,000 a day last week. The peak now appears months away, potentially meaning prolonged pain for the economy and uncertainty for the
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