Teva PharmaceuticalTEVACOMMENTDec 16, 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)
Generics are not his favourite in healthcare. Prefers looking for innovators, and would rather own companies with strong Intellectual Property. He prefers things like Roche, one of the leaders in oncology, Novartis which has a very strong IP in both cardiology and oncology, Shire in orphan drugs where they are the leaders in IP. When you buy a stock like Teva, you have to pick the right time to get in and that is not his style of investing.