BALTIMORE ( Stockpickr) -- When it comes to cash, a handful of stocks are shouting "burn, baby, burn." If you own any of these names, I'd recommend pulling out the fire extinguisher for your portfolio.
There are few red flags as bright and glowing as a high cash burn rate. I know the saying is overused, but cash truly is king. That's why firms burning through cash at a fast pace are sending a big message to investors -- one that they often don't want to send. Maybe more importantly, it's a message that investors won't get by turning to the usual metrics like earnings.
I realize that seems surprising, but there's a good reason why cash offers so much more transparency.
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