Teva PharmaceuticalTEVADON'T BUYDec 17, 2013Stock price when the opinion was issued
As of Jun 25, 2026. Market Open.
The demand of GLP remains strong, but as more generics enter the market, the prices of the GLPs will go down. If you bet on Teva, you expects GLP demand to remain strong. GLP will come in pill shape, and there will be more amazing drug discoveries. However, Teva isn't a very innovative company. He avoids pharma; it's too hard to determine who will be a winner.
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)
Have one big-name drug that accounts for above 50% of their profits. Their CEO abruptly left over the summer months. Generic space is very, very competitive. Good valuation and probably a good Buy but not something he is interested in looking at. Prefers Celgene (CELG-Q) or Johnson & Johnson (JNJ-N).