Teva PharmaceuticalTEVACOMMENTNov 15, 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)
Healthcare has had a tough year. This stock is down again today. This company is part branded pharmaceuticals and part generic. Its largest branded pharmaceutical is losing its patent protection. They have filed a suit against their competition for bringing out a generic, and lost the 1st round, and it looks like they don’t have much time left with that drug. They will lose a large chunk of sales. At some point, this would be a good buy, and he is actually starting to buy some now because it is so cheap.