10 U.S. Stocks With Strong Balance Sheets: Investment Idea Of The Day

Today we have shortlisted 10 U.S. stocks across sectors that are sitting on ample amounts of cash without any debt and have strong balance sheets. These stocks have recorded low current ratios and total liabilities to total asset ratios, signalling strong liquidity. Moreover, these stocks have registered high Return on Assets (ROA) and Return on Equity (ROE) during 2013. We note that some of the shortlisted stocks have accumulated gains during the past three months with daily average trading volumes above 100,000.

Company Description:

Stamps.com Inc STMP 
Stamps.com Inc. provides a service for purchasing and printing postage over the Internet. The company's core service enables users to print information based indicia, or electronic stamps, directly onto envelopes, labels, or business documents using laser or inkjet printers.

LeapFrog Enterprises Inc LF 
LeapFrog Enterprises, Inc. designs, develops and markets technology-based educational platforms with curriculum interactive software content and stand-alone products. The company's products are for sale through retailers, distributors and directly to schools Leapfrog's products include electronic educational games and learning books.

Ambarella Inc AMBA 
Ambarella, Inc. manufactures high definition video compression and image processing semiconductors. The company products are used in digital still cameras, camcorders, and video-enabled mobile phones. Ambarella serves customers throughout the United States and Asia.

VAALCO Energy Inc EGY 
VAALCO Energy, Inc. acquires, explores, and develops crude oil and natural gas properties. The company owns producing properties and conducts exploration activities in the Philippines and Gabon, and has interest in the Texas Gulf Coast area. VAALCO, through participation in a partnership, has additional international exploration interests in South and North America and Africa.

Plantronics Inc PLT 
Plantronics, Inc. designs, manufactures, and markets lightweight communications headsets and headset accessories and services. The company also manufactures and markets specialty telephone products, such as amplified telephone headsets and specialty telephones for hearing-impaired users, and noise-cancelling headsets for use in high-noise environments.

Movado Group Inc MOV 
Movado Group, Inc. designs, manufactures, retails, and distributes watches as well as jewelry, tabletop, and accessory products. The company markets several watch brands in North America, Western Europe, and the Far East.

Balchem Corp BCPC 
Balchem Corporation develops, manufactures, and markets specialty performance ingredients for the food, feed, and medical sterilization industries. The company micro-encapsulates performance ingredients, and also repackages and markets specialty gases.

Dolby Laboratories Inc DLB 
Dolby Laboratories Inc. develops audio signal processing systems for the motion picture, broadcasting, and music recording industries, as well as the consumer market.

CryoLife Inc CRY 
CryoLife, Inc. cryopreserves viable human tissues for cardiovascular, vascular, and orthopedic transplant applications. The company develops and commercializes additional implantable products and single-use medical devices. CryoLife develops bioprosthetic cardiovascular devices, including novel design stentless porcine heart valves marketed in Europe.

Support.com Inc SPRT 
Support.com Inc. provides eBusiness infrastructure software. The company's software optimizes, automates, and personalizes user support over the Internet. SupportSoft sells its products and services to corporate information technology departments, Internet service providers, application service providers, and support outsourcers.