Teva PharmaceuticalTEVAHOLDMar 28, 2016Stock 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)
This has a wonder drug for MS, which represents a lot of their profits. A lot of people were worried that that would go away and they would face a lot of generic competition, but that wasn’t the case. Making a big acquisition of Allergan (AGN-N), and the stock sold off a little bit because they delayed the acquisition for a month. Trading at a depressed valuation at 10X earnings. Feels generics are a safer way to play the pharmaceutical industry.