Advertisement
New Zealand markets open in 1 hour 19 minutes
  • NZX 50

    11,698.51
    -166.38 (-1.40%)
     
  • NZD/USD

    0.6133
    -0.0012 (-0.19%)
     
  • ALL ORDS

    7,943.60
    -31.20 (-0.39%)
     
  • OIL

    80.47
    +2.02 (+2.57%)
     
  • GOLD

    2,333.30
    -15.80 (-0.67%)
     

Is Novartis a Good Stock to Buy Right Now?

Is Novartis a Good Stock to Buy Right Now?

Novartis (NYSE: NVS) is a company in transition. Now, Novartis is close to completing this long-winded transition with the upcoming spin-off of its generic drug business, Sandoz, later this year. With a debt-to-equity ratio of 47%, Novartis' balance sheet isn't overly levered, especially compared to many of its big pharma peers.