Teva PharmaceuticalTEVACOMMENTJan 06, 2017Stock 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)
His data is telling him that this is a tremendous company. ROC for years and years has been 12% or higher. In the last few years, it has been in the 20% range. However, it has not done so great in the last year or so. He would say that this is an opportunity. There are probably some issues in the pipeline that you would want to work through and understand a little better, and that is not his forte.