Singapore markets close in 6 hours 55 minutes
  • Straits Times Index

    3,182.70
    -26.16 (-0.82%)
     
  • Nikkei

    31,377.47
    -382.41 (-1.20%)
     
  • Hang Seng

    17,386.25
    -423.41 (-2.38%)
     
  • FTSE 100

    7,510.72
    -97.36 (-1.28%)
     
  • Bitcoin USD

    27,554.54
    -364.80 (-1.31%)
     
  • CMC Crypto 200

    589.71
    -13.83 (-2.29%)
     
  • S&P 500

    4,288.39
    +0.34 (+0.01%)
     
  • Dow

    33,433.35
    -74.15 (-0.22%)
     
  • Nasdaq

    13,307.77
    +88.45 (+0.67%)
     
  • Gold

    1,838.90
    -8.30 (-0.45%)
     
  • Crude Oil

    87.91
    -0.91 (-1.02%)
     
  • 10-Yr Bond

    4.6830
    +0.1100 (+2.41%)
     
  • FTSE Bursa Malaysia

    1,420.75
    +1.99 (+0.14%)
     
  • Jakarta Composite Index

    6,961.46
    +21.57 (+0.31%)
     
  • PSE Index

    6,293.66
    -10.87 (-0.17%)
     

2 "Safe" Stocks That Are Anything But

2 "Safe" Stocks That Are Anything But

As a generic drugmaker, Teva Pharmaceutical Industries (NYSE: TEVA) has the trappings of a safe investment at first glance. Theoretically, demand for generic medications should be relatively consistent, and it's reasonable to believe that ongoing purchases of such drugs would make for a solid base of recurring revenue, which could increase over time. First, the company has a troublesome debt load of $21.6 billion that looms very large in comparison to its market cap of only $10.4 billion.