Teva Pharmaceutical Industries Ltd (TEVA)

[JLS]

Airlines hedged ...

They must hedge fuel prices because it's a major expense which often varies widely because of governmental manipulation -- you must know by now how those Arabs are.

Regarding investing in general, I recommend not looking at PE or PEG.

But if I was forced to choose, I would only look at PEG -- but it is still worthless unless one knows exactly how it is calculated. For instance, if PEG just turned negative, would you worry? I wouldn't.

With all that in mind, I mostly look at the page linked below because it shows earnings/loss trend and it also has a colored bar-graph illustrating analyst sentiment. Then, I study the stock's price chart history, and I look at their balance sheet.

https://finance.yahoo.com/quote/TEVA/analysis?p=TEVA

That process is what I did a few years ago when I invested heavily in another biotech company which had huge debt issues -- VRX (for the company called Valeant), which also had to restructure debt because previous VRX CEOs went crazy borrowing money so they could buy other biotech companies. So the VRX board of directors hired a new CEO who had a good history of saving companies, and he directly went to work selling off companies and totally restructuring VRX, which now trades by the symbol BHC (which refers to one of the companies that VRX bought and kept, called Bausch, which makes a lot of eye-care products which I use a lot of since I wear contact lenses).

VRX traded as high as $260 in 2015. I started trading it regularly in May of 2017 and my first purchase cost $13.19 per share, and I loaded up in two accounts (just like I do now).

Last but not least, the link below has a quote comparing TEVA to VRX: The company (Teva) has sold assets to clean up its balance sheet, which has de-risked the story somewhat. In my opinion, Teva is a better version of Valeant, but with an easier path back to normalcy.

https://finance.yahoo.com/news/9-high-risk-stocks-buy-193652395.html