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1 Cash-Producing Stock to Own for Decades and 2 We Ignore


Kayode Omotosho /
2026/02/11 11:40 pm EST

While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.

Cash flow is valuable, but it’s not everything - StockStory helps you identify the companies that truly put it to work. Keeping that in mind, here is one cash-producing company that leverages its financial strength to beat its competitors and two that may face some trouble.

Two Stocks to Sell:

Nordson (NDSN)

Trailing 12-Month Free Cash Flow Margin: 23.7%

Founded in 1954, Nordson Corporation (NASDAQ:NDSN) manufactures dispensing equipment and industrial adhesives, sealants and coatings.

Why Are We Wary of NDSN?

  1. Organic sales performance over the past two years indicates the company may need to make strategic adjustments or rely on M&A to catalyze faster growth
  2. Earnings growth underperformed the sector average over the last two years as its EPS grew by just 2% annually
  3. Diminishing returns on capital suggest its earlier profit pools are drying up

Nordson’s stock price of $294.57 implies a valuation ratio of 26.2x forward P/E. Read our free research report to see why you should think twice about including NDSN in your portfolio.

Affirm (AFRM)

Trailing 12-Month Free Cash Flow Margin: 16.7%

Founded by PayPal co-founder Max Levchin with a mission to create honest financial products, Affirm (NASDAQ:AFRM) provides a payment network that allows consumers to make purchases and pay for them over time with transparent, flexible installment loans.

Why Does AFRM Worry Us?

  1. Negative return on equity shows management lost money while trying to expand the business
  2. 7× net-debt-to-EBITDA ratio makes lenders less willing to extend additional capital, potentially necessitating dilutive equity offerings

At $56.54 per share, Affirm trades at 17.1x forward P/E. To fully understand why you should be careful with AFRM, check out our full research report (it’s free).

One Stock to Buy:

AMD (AMD)

Trailing 12-Month Free Cash Flow Margin: 16.8%

Founded in 1969 by a group of former Fairchild semiconductor executives led by Jerry Sanders, Advanced Micro Devices (NASDAQ:AMD) is one of the leading designers of computer processors and graphics chips used in PCs and data centers.

Why Are We Bullish on AMD?

  1. Market share has increased this cycle as its 28.8% annual revenue growth over the last five years was exceptional
  2. Demand for the next 12 months is expected to accelerate above its two-year trend as Wall Street forecasts robust revenue growth of 34.5%
  3. Earnings growth has easily exceeded the peer group average over the last five years as its EPS has compounded at 26.4% annually

AMD is trading at $213.14 per share, or 32x forward P/E. Is now the right time to buy? Find out in our full research report, it’s free.

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