Stocks With Over $700 Bn Cash on Hands

August 31, 2017

In the second quarter of 2017, twenty-four of the largest American companies are holding on to a whopping $1.01 trillion in cash reserves, up 1.63% from the first quarter, according to analysis of second quarter earnings reports by Bank of America. The biggest amount of money is created and kept by technology firms like Alphabet, Apple or Microsoft.