In this article, we will look at the 8 Best Debt Free Stocks to Buy Right Now.
The market environment has become more complicated following the recent energy shock tied to the Iran conflict, with inflation concerns resurfacing just as expectations for rate cuts were starting to build. BlackRock notes that “The energy shock has further weakened the case for the Fed’s easing rates this year,” while warning of “higher costs, weaker growth, elevated bond yields and more persistent inflation.” At the same time, “Market expectations have flipped from the Fed cutting rates three times this year to veering toward a hike,” suggesting that the path forward for interest rates is no longer as supportive as it once appeared. In that kind of backdrop, balance sheets start to matter more, especially for companies that may have to deal with rising borrowing costs.
That shift is becoming more visible in how institutional investors are framing risk. Franklin Templeton highlights that “Structural leverage and debt burdens are becoming more visible,” with “questions around debt sustainability, refinancing dynamics, and long-duration cash flows” likely to resurface. The firm also stresses the need to “differentiate between liquidity-supported resilience and genuine balance-sheet strength,” pointing toward companies with “strong corporate balance sheets.” This suggests that companies with little to no debt may be better positioned as financing conditions tighten.
Against this backdrop, debt-free companies are starting to stand out not just for stability, but for flexibility. Without the pressure of refinancing or rising interest expenses, these businesses may have more room to navigate volatility and allocate capital more efficiently. With this in mind, we will look at the 8 Best Debt Free Stocks to Buy Right Now.
Our Methodology
We used the Finviz stock screener to identify companies whose enterprise value (EV) is lower than their market capitalization. An EV-to-market-cap ratio of 1.0 or below typically indicates that a company has little to no debt. We then limited our final selection to stocks that have recently reported noteworthy developments likely to influence investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
8. Wheaton Precious Metals Corp. (NYSE:WPM)
On March 18, 2026, Berenberg lowered the price target on Wheaton Precious Metals Corp. (NYSE:WPM) to 13,000 GBp from 13,300 GBp and maintained a Buy rating.
On March 16, 2026, Scotiabank analyst Tanya Jakusconek raised the price target on Wheaton Precious Metals Corp. (NYSE:WPM) to $178 from $175 and maintained an Outperform rating following Q4 results. Tanya Jakusconek pointed to the company’s focus on de-risking development assets, advancing studies, and pursuing transactions.
On March 12, 2026, Wheaton Precious Metals Corp. (NYSE:WPM) reported Q4 adjusted EPS of $1.22, above the $1.09 consensus estimate, with revenue of $865M compared to $734.98M consensus, while total production reached 205,037 gold equivalent ounces, up from 189,059 a year ago. CEO Randy Smallwood said the company delivered an “outstanding year,” citing results that surpassed production guidance and achieved record revenue, earnings, and operating cash flow, supported by contributions from key assets and ramp-ups across the portfolio. President Haytham Hodaly added that results reflect “disciplined capital allocation,” pointing to portfolio additions and a major streaming transaction announced at Antamina, while expressing confidence in the company’s next phase of growth.
Wheaton Precious Metals Corp. (NYSE:WPM) operates as a precious metal streaming company.
7. Franco-Nevada Corporation (NYSE:FNV)
On March 23, 2026, BofA raised the price target on Franco-Nevada Corporation (NYSE:FNV) to $311 from $280 and maintained a Neutral rating, updating its model following Q4 results and guidance.
On March 16, 2026, Scotiabank raised its price target on Franco-Nevada Corporation (NYSE:FNV) to $286 from $283 and kept a Sector Perform rating after Q4 results. Scotiabank pointed to the company’s focus on Cobre Panama, advancing studies and permits, and executing on transaction opportunities.
On March 10, 2026, Franco-Nevada Corporation (NYSE:FNV) reported Q4 adjusted EPS of $1.85, above the $1.67 consensus estimate, with revenue of $597.3M compared to the $532.77M consensus. The company reported 141,656 GEOs sold, up 18% year over year, and 129,690 net GEOs sold, up 21%. CEO Paul Brink said results reached the “top end” of guidance, driven by a strong fourth quarter, and highlighted higher cash flow supporting a dividend increase and continued capital deployment. Brink added that recent acquisitions add “optional value,” while 2026 guidance and the five-year outlook point to a strong growth foundation, with additional upside tied to exploration activity and a potential restart of Cobre Panama.
Franco-Nevada Corporation (NYSE:FNV) operates a royalty and streaming business focused on precious metals and other resources globally.
