Teva PharmaceuticalTEVACOMMENTOct 24, 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)
Sell? This has been a disaster. If considering dumping, is this in a taxable account and do you need losses? If you are a long-term investor, this is a really good stock. Ask yourself, “If I didn’t own this, would I buy it today?”. He believes in the long-term thesis of this company, growth in generics. They control about 20% of the global generics drug market. As the global population grows and people get older, are countries like China and others going to care for their citizens? They are going to need generic drugs, because they are going to be significantly cheaper.