$TEVA - Berkshire breakout?
Disclaimer, TEVA is in a very bad financial position, with dwindling cashflows and large debt. Buffet has always been the king of "value investing", hence why a position in Teva isn't surprising from him - it's most likely that he sees the company as severely undervalued and is entering into stages of repair.
Buffet's new position in Teva was widely publicised this week:
fortune.com/2018/02/...-berkshire-hathaway/
markets.businessinsi...ke-2018-2-1015927984
finance.yahoo.com/ne...ffett-110400683.html
Just after Buffet disclosed the position, Teva announced the U.S. release of the QVAR Redihaler Inhalation Aerosol.
www.streetinsider.co...erosol/13831565.html
-new form of asthma inhalation treatment
-breath actuated
I don't think this is too important. I'd much rather to follow his other position into AAPL rather than TEVA
Buffet's new position in Teva was widely publicised this week:
fortune.com/2018/02/...-berkshire-hathaway/
markets.businessinsi...ke-2018-2-1015927984
finance.yahoo.com/ne...ffett-110400683.html
Just after Buffet disclosed the position, Teva announced the U.S. release of the QVAR Redihaler Inhalation Aerosol.
www.streetinsider.co...erosol/13831565.html
-new form of asthma inhalation treatment
-breath actuated
I don't think this is too important. I'd much rather to follow his other position into AAPL rather than TEVA
Comment:
