Teva PharmaceuticalTEVATOP PICKDec 28, 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)
Has just got back into the stock after being away for several years. It is the largest generic company globally. He likes buying pharmaceutical stocks when they are out of favour. This has a drug called COPAXON for multiple sclerosis, which is just coming off patent. Acquired Allergan’s generic business, and the integration has had a few rocky times. Looking forward, the valuation is as cheap as it has been in a very long time. Dividend yield of 3.79%. (Analysts’ price target is $52.48.)