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The idea of cash king investing is investingin a company with superior earning power,that means companies with high gross margins,a brand name, high market share,a light business finally resulting in extraordinary balance sheet strenght.Its essentially a low risk investment approach,or speaking with Warren Buffets language: a business,even fools cannot run to the ground.

This would disqualify Southwestern (capital intense,cutthroat business) and also perhaps Nokia,Ericsson ( no extraordinary market shares,lookalike products, Dell:also cutthroat business...) I would rather buy a co. in a stable non price elastic consumer market than a cash rich a technology market. the reason for this is,that technology may change quickly and cash may dwindle fast but brand recognition not...
I would also like to dilute JNJ from the list,because its another drug stock, but doesn't meet the cash king criteria as well as PFE.
If we look at market share, brand recognicition and gross margin,there is still left:

Disney (but highly leveraged)
MO (but the tobacco deal looms..)

Following this approach,I think LVMH (this is my favorite) WWY and Medtronic should make as viable C-K's. All three co. totally dominate their markets. I have to admit that both WWY and Medtronic beat LVMH by the numbers. LVMH (or LVMHY ticker symbol) hasn't the superior shareholder returns that both WWY and Medtronic have.
However,I think that a foreign stock may be a nice diversification for a CK portfolio...

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