Airbnb, Northern Trust hold large net cash positions; Richardson faces valuation concerns

Airbnb Inc. (NASDAQ: ABNB) and Northern Trust Corp. (NASDAQ: NTRS) were identified as cash-heavy stocks with potential upside, while Richardson Electronics Ltd. (NASDAQ: RELL) was flagged as facing headwinds tied to valuation and growth concerns, according to a May 14, 2026, StockStory report. Airbnb held a net cash position of $9.47 billion, equal to 11.3% of its market capitalization, and traded at $142.10 per share, or 15.1 times forward EV/EBITDA. Northern Trust reported $14.12 billion in net cash, representing 47.6% of its market value, and traded at $160.41, or 14.8 times forward earnings. Richardson Electronics had $27.92 million in net cash, or 12.5% of its market capitalization, but the report cited caution on the stock. Shares traded at $15.16, implying a 40.7 times forward price-to-earnings ratio.