Stocks could be in trouble as they trade at record levels with signs of a U.S. economic slowdown emerging, leading Morgan Stanley to recommend clients scoop up cash-rich companies that can ride out a downturn. "Companies with ample free-cash flow are self-financing and may better withstand any deeper corrections in the market," Morgan Stanley analysts said Tuesday in a note to clients. Free cash flow is the money that remains in a company's coffers after operating expenses and capital expenditures are covered. Businesses may allocate those leftover funds toward growing their operations or paying down their debt, among other uses. Morgan Stanley's endorsement of such companies comes as new data points to trouble ahead for the U.S. economy. The Bureau of Labor Statistics on Friday reported j
These 'cash rich' stocks can ride out any market downturn: Morgan Stanley

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