Teva PharmaceuticalTEVASELLAug 04, 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)
The whole generic drug space is poison right now. Earnings are starting to reflect that. Its current model price is kind of useless, but it was at $47.90. Thinks earnings estimates are going to come down substantially after yesterday, probably by 50%. Prefers Endo International (ENDP-Q), and sold half his position.