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Stock impact report

2 Cash-Heavy Stocks on Our Watchlist and 1 Facing Headwinds [Yahoo! Finance]

ON24, Inc. (ONTF) 
Company Research Source: Yahoo! Finance
Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers. Financial flexibility is valuable, but it's not everything - at StockStory, we help you find the stocks that can not only survive but also outperform. Keeping that in mind, here are two companies with net cash positions that can continue growing sustainably and one best left off your watchlist. One Stock to Sell: ON24 (ONTF) Net Cash Position: $162 million (46.6% of Market Cap) Powering over 1,700 companies' virtual marketing efforts since 1998, ON24 (NYSE:ONTF) provides a cloud-based platform that enables businesses to create interactive digital experiences and capture actionable data from customer engagement. Why Do We Pass on ONTF? Billings have dropped by 5.8% over the last year, suggesting it might have to lower prices to stimulate growth Demand will likely be weak over the next 12 months as Wall Street expects flat revenue Poor expense management Show less Read more
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