Teva PharmaceuticalTEVACOMMENTJun 19, 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)
A very interesting company because of the strength of its manufacturing assets, and a relatively deep management team with a global presence. His concern was pricing. The practices Valeant (VRX-N) has been criticized for, taking over a product by buying a company or buying a product that sold at $10 a pill and making it a $100, is a practice that is not only unique to Valeant. Chart prices are going to go down, this is going to have an issue on Teva. Dividend yield of 4.3%.