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$38.49 -1.69 (-4.21%)
10/10/2008 4:00 PM

Teva Pharmaceutical Industries Ltd (ADR) (TEVA)

CAPS Rating:
*****

A global pharmaceutical company, which develops, produces and markets generic drugs covering all major treatment categories.

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Avatar chuppi (87.78) Submitted: 11/04/06 6:13 PM : Outperform 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?)

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