Teva PharmaceuticalTEVABUYMay 01, 2017Stock 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)
Made a large acquisition and there are always execution risks on any acquisition. They’re also going through a CEO search, and need to bring someone in who has a global pharmaceutical picture, and can drive the company forward. Every pharmaceutical company had been hurt leading up to the election, and that was not followed by the bounce that had been expected. The one positive thing about this company is that generics will continue to do well. Their recent acquisition was a good one and they can take out a lot of costs. Besides generics, there are labelled drugs they are working on, which will help in the next several years. Not an expensive stock and pays a great dividend. However, there is a lot of “wait and see” on these things. Feels that if you buy it here and hold it, you will do well over the next several years.