Even if you've been successful(which I presume you have:).And Clap-this is what I always told you about:
Yes, I knew, but why nitpick the good guys?:)Futures down on Greece. LOL!!!!:)
Great buying opportunity because Greece WILL get the $$$, @@@@ up again and then, mercifully, default. Then the traders and media can move on to Portugal:)If you really understand Market Internals, it's easy to profit from these fools;)
Sorry, 35 to 105 is a triple but not a 300% move. I do think $105/sh is a possibility in 2 to 3 years. It wouldn't take that much good news to accomplish that. Anyway let's get ready for a possible good buying opportunity with all the saber rattling going on.
$105 in TWO to THREE years isn't fanciful, but it sure is "Hopium" IMO. You know I hate targets and predictions, but, forced to GUESS, I'd say $75-$80 is more doable. Still a great return, especially if that's all you own:)
I never implied that TEVA had a 300% to 500% potential. My point was some stocks have that potential, so why is a double for TEVA that hard to forsee. Actually I do think TEVA has the potential for a 300% move off of its low of 35. That would make it $105 in 2 to 3 years. Yea I think that's a possibility.
I think most of us on this board agree price targets mean nothing. What is of importance is how a company is being run and what it is doing (or not doing) to grow for the future. I think we can all agree Teva is positioning itself to become not just a leader in the generic field, but also in the brand name field.
The stock (barring some unexpected bad news)is poised to go higher this year. How much higher? This all depends on many factors. The ability to grow earnings, FDA approval on drugs, legislation to name some. We have seen the stock rise to the $45-$46 level on basically news of the change of CEOs. I believe if earnings and guidance are good enough on 2/15 we could be looking at $50/share very soon. Good luck all!
I must admit you do appear to spend a lot of time on your holdings more than the average person. I'm really on top of TEVA. I've got it figured to be in the 95 percentile in SAFETY (Market Risk) and APPRECIATION POTENTIAL, and it pays a dividend, which more than likely will be increased. I actually feel very comfortable and not at all nervous about the holding. I've had concentrated positions before but not like this one. Most stocks have a market risk, but not TEVA from these levels. Now if TEVA has specific news, that I evaluate as being real poor "I'm outta here" quickly. Because of it's significant daily trading volume, I shouldn't be hurt too badly, in that event. I could never take this risk in most stocks, because bad news could kill you.
At the risk of beating a "live":) horse, I own 5 of these 10:)
And as you can see, I spend a lot of time researching stocks:)