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This International Pharma Stock Just Hit 5-Year Highs
Yahoo Finance· 2025-12-26 15:45
Core Viewpoint - Teva Pharmaceutical (TEVA) is experiencing significant stock performance, with a notable increase in value and strong technical indicators, making it an attractive investment opportunity [1][5][6]. Group 1: Company Overview - Teva Pharmaceutical is valued at $36.40 billion and operates globally, developing, manufacturing, and marketing both branded and generic drugs, as well as active pharmaceutical ingredients [1]. - The company's generic product portfolio includes various forms such as tablets, capsules, liquids, ointments, creams, injectables, and inhalants, while its branded products feature Copaxone, Austedo, Ajovy, and respiratory products like ProAir and Qvar [2]. Group 2: Stock Performance - TEVA has gained 56.90% since a new "Buy" signal was issued on October 29, indicating strong momentum [3]. - The stock is trading at new 5-year highs, with an increase of over 40% in the past year, and maintains a 100% "Buy" opinion from Barchart [5][6]. - TEVA has a Weighted Alpha of +79.48, and the Relative Strength Index (RSI) is at 84.17, suggesting strong technical momentum [6]. Group 3: Technical Indicators - TEVA's stock recently traded at $31.75, with a 50-day moving average of $25.24, and has made 14 new highs, gaining 20.66% in the last month [6]. - There is a technical support level around $31.50, indicating potential stability in the stock price [6].