Anyone betting on Teva or any other individual stocks?

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Frugalbear
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Joined: Sun Jun 02, 2019 7:35 am

Anyone betting on Teva or any other individual stocks?

Post by Frugalbear » Tue Aug 27, 2019 11:35 am

Just out of curiosity, is anyone throwing any money into individual stocks?


I am half tempted to put some money into Teva. I feel like they are going through some difficult times, but will bounce back.

Thoughts?

theshovel
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Re: Anyone betting on Teva or any other individual stocks?

Post by theshovel » Tue Aug 27, 2019 11:42 am

I am building a longterm (2025-30) position in F. It's my only individual position. DRIP the divs and will continue to add while it's below 12.

I think they are positioning themselves well for the future.

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Wiggums
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Re: Anyone betting on Teva or any other individual stocks?

Post by Wiggums » Tue Aug 27, 2019 11:48 am

Warren Buffett owns it, so you would be in good company. It’s down almost 68% YTD. Impatience and feeling stuck with stocks are two reasons why I stopped buying individual stocks. It might go up, or it might go down further. Who knows.

I am not sure how much of a gain you are looking for. I’d be surprised if the stock spiked up sharply after two mergers. But it might pay off if you have time to sit on Teva.

Topic Author
Frugalbear
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Re: Anyone betting on Teva or any other individual stocks?

Post by Frugalbear » Tue Aug 27, 2019 12:38 pm

Yeah I know it is not the BH way, but I could not sit on the sidelines any longer. Lets see what happens!

Ob81
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Re: Anyone betting on Teva or any other individual stocks?

Post by Ob81 » Tue Aug 27, 2019 7:45 pm

I am long on a few stocks. I just try to keep the % to around 10% of my overall portfolio. I think Disney is a decent hold, and I am waiting to go in on Boeing sometime in early November. I am traditionally 3 - fund, but reading and researching eventually starts the itch to purchase some positions individually.

$F is actually a decent hold with an average P/E. I would have a low gain sell point though, because I think the potential is within the next five or so years, before stagnation again.

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Artsdoctor
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Re: Anyone betting on Teva or any other individual stocks?

Post by Artsdoctor » Wed Aug 28, 2019 5:54 pm

From dictionary.com:

SYNONYMS FOR BET
Gamble, stake, risk, hazard, venture, chance.

I didn't see invest there. :beer

However, even the most avid Boglehead would give betting some wiggle room. John Bogle famously said, "Go ahead a bet up to 5% of your portfolio on a whim--but not a penny more." (Paraphrased.)

HawkeyePierce
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Re: Anyone betting on Teva or any other individual stocks?

Post by HawkeyePierce » Wed Aug 28, 2019 6:03 pm

Love Teva's sandals. Feel no need to own their stock.

bondsr4me
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Re: Anyone betting on Teva or any other individual stocks?

Post by bondsr4me » Wed Aug 28, 2019 6:12 pm

Frugalbear wrote:
Tue Aug 27, 2019 12:38 pm
Yeah I know it is not the BH way, but I could not sit on the sidelines any longer. Lets see what happens!
I saw where TEVA is in Berkshire’s portfolio.

There is nothing wrong with buying individual stocks or bonds if you are willing to assume the risk.

What’s good for some on BH’s may not be good for others.

Do what is best for you; forget the herd mentality.

Good Luck.

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yangtui
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Re: Anyone betting on Teva or any other individual stocks?

Post by yangtui » Wed Aug 28, 2019 8:18 pm

Throwing around the word "betting" raises red flags. If you have some sort of advanced knowledge or specialty skill set that is telling you to buy then go for it. Gambling is usually a waste of money. If you feel the need to bet on an individual stock based on intuition or a hunch then you would probably be better off using the money to go on a vacation or buy something cool.

Casimir
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Re: Anyone betting on Teva or any other individual stocks?

Post by Casimir » Wed Aug 28, 2019 8:23 pm

Not Tiva but ABBV, BMY and a small etf, ARKG with total less than 5% of portfolio.

Nowizard
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Re: Anyone betting on Teva or any other individual stocks?

Post by Nowizard » Wed Aug 28, 2019 9:38 pm

Only one at the moment, Amazon, never more than two in the past, probably, twenty years.

Tim

adamthesmythe
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Re: Anyone betting on Teva or any other individual stocks?

Post by adamthesmythe » Thu Aug 29, 2019 12:32 am

HawkeyePierce wrote:
Wed Aug 28, 2019 6:03 pm
Love Teva's sandals. Feel no need to own their stock.
I had to look up Teva, because, like Hawkeye, I couldn't believe you would want to bet on a shoe manufacturer.

Maybe I haven't been paying attention, but I have never heard ot this (obscure?) company. I HAVE heard of companies like Tesla and Facebook, but I don't buy their individual stocks either.

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HomerJ
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Re: Anyone betting on Teva or any other individual stocks?

Post by HomerJ » Thu Aug 29, 2019 12:45 am

Betting is not investing.

I go to the casino when I want to bet.

Others may enjoy betting money on stocks.

That's fine, but make no mistake, it's just a roulette table.

When you buy the whole market, you're the house. Why be the mark, when you can be the house?
The J stands for Jay

HawkeyePierce
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Re: Anyone betting on Teva or any other individual stocks?

Post by HawkeyePierce » Thu Aug 29, 2019 12:48 am

adamthesmythe wrote:
Thu Aug 29, 2019 12:32 am
HawkeyePierce wrote:
Wed Aug 28, 2019 6:03 pm
Love Teva's sandals. Feel no need to own their stock.
I had to look up Teva, because, like Hawkeye, I couldn't believe you would want to bet on a shoe manufacturer.

Maybe I haven't been paying attention, but I have never heard ot this (obscure?) company. I HAVE heard of companies like Tesla and Facebook, but I don't buy their individual stocks either.
Ha! I didn't bother looking it up and just assumed this thread was about the shoe company.

jsaver
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Re: Anyone betting on Teva or any other individual stocks?

Post by jsaver » Thu Aug 29, 2019 3:00 am

50 shares of AAPL acquired @ $96. Dividends pay for iCloud and Apple Music. Just for fun.

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msi
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Re: Anyone betting on Teva or any other individual stocks?

Post by msi » Thu Aug 29, 2019 4:41 am

I own one share of Berkshire Hathaway, for no reason other than getting an 8% discount on my car insurance.

Topic Author
Frugalbear
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Re: Anyone betting on Teva or any other individual stocks?

Post by Frugalbear » Wed Sep 11, 2019 9:12 am

Well now since i posted this, i've made 20% (unrealized of course)...Now its like do I let it ride or cash out?

A piece of me wants to let it ride, the other piece of me wants to sell... You know the ole saying pigs get fed, hogs get slaughtered.

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1789
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Re: Anyone betting on Teva or any other individual stocks?

Post by 1789 » Wed Sep 11, 2019 10:56 am

Reason why i stopped buying individual stocks is the time i spent watching those stocks on a daily basis. If you are lucky you can make some money thou. I wouldn't exceed 5% of my portfolio. Be aware that odds are stacked against you in picking the winner.

Good luck

minesweep
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Re: Anyone betting on Teva or any other individual stocks?

Post by minesweep » Wed Sep 11, 2019 11:18 am

adamthesmythe wrote:
Thu Aug 29, 2019 12:32 am
HawkeyePierce wrote:
Wed Aug 28, 2019 6:03 pm
Love Teva's sandals. Feel no need to own their stock.
I had to look up Teva, because, like Hawkeye, I couldn't believe you would want to bet on a shoe manufacturer.

Maybe I haven't been paying attention, but I have never heard ot this (obscure?) company. I HAVE heard of companies like Tesla and Facebook, but I don't buy their individual stocks either.
Teva is a generic pharma company that got caught up in the opioid crisis and the resulting litigation process.

7eight9
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Re: Anyone betting on Teva or any other individual stocks?

Post by 7eight9 » Wed Sep 11, 2019 11:39 am

minesweep wrote:
Wed Sep 11, 2019 11:18 am
adamthesmythe wrote:
Thu Aug 29, 2019 12:32 am
HawkeyePierce wrote:
Wed Aug 28, 2019 6:03 pm
Love Teva's sandals. Feel no need to own their stock.
I had to look up Teva, because, like Hawkeye, I couldn't believe you would want to bet on a shoe manufacturer.

Maybe I haven't been paying attention, but I have never heard ot this (obscure?) company. I HAVE heard of companies like Tesla and Facebook, but I don't buy their individual stocks either.
Teva is a generic pharma company that got caught up in the opioid crisis and the resulting litigation process.
Article from February 15, 2018 -- Why Warren Buffett’s Berkshire Hathaway loves loathed Israeli drug stock Teva --- https://www.cnbc.com/2018/02/15/why-war ... -teva.html
I guess it all could be much worse. | They could be warming up my hearse.

Dottie57
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Re: Anyone betting on Teva or any other individual stocks?

Post by Dottie57 » Wed Sep 11, 2019 12:28 pm

TEVA came out with generic Singular - which is a game changing drug for me. I couldn’t get it due to U.S. laws protecting patents.

smpatel
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Re: Anyone betting on Teva or any other individual stocks?

Post by smpatel » Wed Sep 11, 2019 1:15 pm

Frugalbear wrote:
Wed Sep 11, 2019 9:12 am
Well now since i posted this, i've made 20% (unrealized of course)...Now its like do I let it ride or cash out?

A piece of me wants to let it ride, the other piece of me wants to sell... You know the ole saying pigs get fed, hogs get slaughtered.
You are not investing it seems as your time horizon is less than a month! Which is not bad necessarily if that is what you intend to do.
I own three individual stocks and they have done pretty well, I attribute that to 99% luck and 1% patience to get in. I don't have exit strategy as a result I can't buy businesses which are complex to run as my holding period is forever!

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