Hello, Fool! | Login | Signup | My Fool
Oct 12, 2008 10:18 PM ET | Feedback | Site Changes | Help
A global pharmaceutical company, which develops, produces and markets generic drugs covering all major treatment categories.
View All Commentary (TEVA)
Recs
chuppi (87.78) Submitted: 11/04/06 6:13 PM : Start Price: $32.09 TEVA Score: 55.33
Shares of Teva, the largest generic drugs company out there, have been hurting bad by events not related to its perfromance. WMT lowering prices, ethical drug companies cutting into exclusive distribution periods of generics, and other events pushed the stock down. But Teva's business is better than ever. Recent (poorly handled) management change news are also putting pressure on the stock. Expect performance to dictate the stock price direction - especually starting in 2nd half of 2007 after a short waiting period for Yanai (new CEO) to show some traction. (remember Hurd's impact on HP stock?)
Report this Post Replies: 0 | Reply
Oops! There appears to be a problem with your comment. Check to see if there's something you left out.