A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow.
Not all businesses with cash are winners, and that’s why we built StockStory - to help you separate the good from the bad. That said, here is one company with a net cash position that can continue growing sustainably and two with hidden risks.
Two Stocks to Sell:
UiPath (PATH)
Net Cash Position: $1.33 billion (13.1% of Market Cap)
Starting with robotic process automation (RPA) and evolving into a comprehensive automation powerhouse, UiPath (NYSE: PATH) provides an AI-powered business automation platform that enables organizations to create software robots that mimic human actions to streamline repetitive tasks and processes.
Why Do We Think Twice About PATH?
- Sales trends were unexciting over the last two years as its 13.2% annual growth was below the typical software company
- Products, pricing, or go-to-market strategy may need some adjustments as its 2.3% average billings growth over the last year was weak
- Estimated sales growth of 9.5% for the next 12 months implies demand will slow from its two-year trend
At $18.89 per share, UiPath trades at 6.1x forward price-to-sales. If you’re considering PATH for your portfolio, see our FREE research report to learn more.
LeMaitre (LMAT)
Net Cash Position: $157.4 million (8.4% of Market Cap)
Founded in 1983 and named after a pioneering vascular surgeon, LeMaitre Vascular (NASDAQGM:LMAT) develops and manufactures specialized medical devices used by vascular surgeons to treat peripheral vascular disease and other circulatory conditions.
Why Are We Wary of LMAT?
- Smaller revenue base of $240.9 million means it hasn’t achieved the economies of scale that some industry juggernauts enjoy
LeMaitre is trading at $82.85 per share, or 32.1x forward P/E. Check out our free in-depth research report to learn more about why LMAT doesn’t pass our bar.
One Stock to Buy:
First Solar (FSLR)
Net Cash Position: $1.48 billion (5.5% of Market Cap)
Headquartered in Arizona, First Solar (NASDAQ: FSLR) specializes in manufacturing solar panels and providing photovoltaic solar energy solutions.
Why Should You Buy FSLR?
- Market share has increased this cycle as its 26.4% annual revenue growth over the last two years was exceptional
- Incremental sales over the last two years have been highly profitable as its earnings per share increased by 71.6% annually, topping its revenue gains
- Free cash flow turned positive over the last five years, indicating the company has achieved financial self-sustainability
First Solar’s stock price of $253.50 implies a valuation ratio of 11.7x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free for active Edge members.
Stocks We Like Even More
If your portfolio success hinges on just 4 stocks, your wealth is built on fragile ground. You have a small window to secure high-quality assets before the market widens and these prices disappear.
Don’t wait for the next volatility shock. Check out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 244% over the last five years (as of June 30, 2025).
Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,326% between June 2020 and June 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today
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