Teva PharmaceuticalTEVATOP PICKDec 01, 2014Stock 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 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%.