Opinions
Paul MacDonald
Teva Pharmaceutical
TEVA-N
WAIT
Sep 14, 2017
$18.360
Stock price when the opinion was issued
biotechnology
pharmaceutical
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DON'T BUY
They went from an in incredibly well managed drug company and then management decided to develop their own drugs and make mistakes. It is difficult to unwind these problems. Turning around a company like this will be difficult because of the debt. This is a highly speculative stock.
biotechnology
pharmaceutical
HOLD
Generic brand companies like Teva have struggled in the last 5 years has they competed with each others. Pfizer is in the process of buying one of their competitors and the Pfizer stock dropped 5$ on the announcement. Doesn't own Teva, purchased United Heatlth recently. You can hold but it's not a name he would hold due to the risk and they have no value added.
biotechnology
pharmaceutical
DON'T BUY
He got in in January. It was hard to make that decision. He sold because the outlook on generic drug prices became weak (down 8-10%). A new CEO came in recently. He does not like their business and does not know if it will decline further. Wait and see if there is recovery.