Teva PharmaceuticalTEVAPARTIAL BUYDec 23, 2016Stock 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)
This is one where the valuation is very compelling. It’s at a 52-week low, and in this environment, you would think a generic company would do very, very well. At this level it is definitely worth dipping into it. They are expecting 15%-20% growth in emerging markets, and this company will be able to participate.