Teva PharmaceuticalTEVABUYOct 13, 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 sells to 120 countries globally with a vast array of generic drugs. If Hillary is elected, there is going to be pressure on drug companies to reduce prices and the big winners are going to be generic companies, because they are already cheap. He likes this one, and it is really cheap. Thinks it could easily go up 50%. 3% dividend yield.