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$TEVA Still undervalued and under owned. Risky.

Long
NYSE:TEVA   Teva Pharmaceutical Industries Limited
From a charting perspective Teva is approaching a key level, its make or break and earnings will be the catalysts for that move. Teva is still carrying the cross for overpaying for its acquisitions, although revenue is expected to rise earnings are expected to drop.

Vanguard Health Care Fund added to a holding in Teva Pharmaceutical Industries Ltd by 65.14%. The purchase prices were between $15.42 and $20.01, with an estimated average price of $17.62. The stock is now traded at around $15.22.

Teva Pharmaceutical Industries Ltd. is a global pharmaceutical company, which engages in development, production and marketing of drugs, generic drugs, over-the-counter drugs, active ingredients for the pharmaceutical industry (APIs) and therapeutic products. It operates through two segments: Generic Medicines and Specialty Medicines. The Generic Medicines segment includes chemical and therapeutic equivalents of originator medicines in a variety of dosage forms, including tablets, capsules, injectables, inhalants, liquids, ointments and creams. The Specialty Medicine segment engages in the provision of core therapeutic areas of central nervous system medicines.

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