Teva PharmaceuticalTEVATOP PICKDec 01, 2014Stock 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)
Have a branded drug for MS, and people were worried it was going off the patent cliff and get absolutely demolished. They have been able to turn it around and reformulate it, and move people to another formulation with a longer patent. The earnings, that people thought were going to go to 0, are actually going higher. Meanwhile it is the largest generic drug manufacturer globally, with a pittance valuation. Much more upside in the name. Yield of 2.24%.