Teva PharmaceuticalTEVACOMMENTNov 28, 2013Stock price when the opinion was issued
As of Jun 04, 2026. Market Open.
HQ is in Israel. Large-cap pharma. Right now, #1-ranked in his ADR/CDR universe (international stocks with American/Canadian Depositary Receipts). We've seen rotation into drug stocks. Broke out over $21 in September and has kept right on going. Very strong accumulation for about 6 months now. No dividend.
(Analysts’ price target is $34.50)
Everybody hates this but the more people that hate it, the more he loves it. The reason everybody hates it is that they have a blockbuster drug that is coming off patent next year and people are pricing it as though they are going to have profits of zero next year. In the meantime, they are generating lots of free cash flow. 3.2% dividend distribution.