LINK ARTICLE
There are public companies that do almost no business in Europe and some of them only have U.S.-based revenue. If Europe's situation gets worse, they become "safe havens" among equities that trade on American exchanges.
1. The New York Times Company (NYSE: NYT )
2. Sirius (Nasdaq: SIRI )
3. Corrections Corporation of America (NYSE: CXW )4. Southwest Airlines (NYSE: LUV )
5. Beazer Homes (NYSE: BZH )
7. Sprint (NYSE: S - News)
6. NetFlix (Nasdaq: NFLX )
8. Baidu (Nasdaq: BIDU )
9. Fifth Third (Nasdaq: FITB )
10. Sears Holdings (Nasdaq: SHLD )
Europe may get much worse, particularly if it looks like Spain or Portugal might default on their sovereign obligations. Companies with exposure in the region are bound to sell off quickly if the situation there worsens.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment