Prestigious financial magazine Forbes last week detailed contributing editor George Gilder's best investment ideas for 2012, which focus on Israeli technology companies. Among his picks are leading Israeli semiconductor manufacturers EZChip, Broadcom, TowerJazz and Mellanox, biotech company Evogene and drug-discovery company Compugen. He notes EZChip's leading fiberspeed video internet paradigm, and reports that Evogene has just persuaded Monsanto, the world leader in agricultural science, to move its key R&D to Israel and make a further investment of $35M. According to Forbes contributing editor, all these innovative companies are Israeli stocks worth investigating and investing in.
Another top investing idea Forbes shares is Israeli Voice-Over-IP technology company Audocodes, which holds important intellectual property in high definition voice. Each of these company's stocks can be purchased directly on the Tel Aviv Stock Exchange by opening an Israeli investment account while gaining currency diversification.
Mr. Gilder is obviously not alone in cherry-picking promising Israeli companies. Warren Buffett's (successful investment billionaire and one of the world's three richest men) company Bershire Hathaway owns Iscar Metalworking, a giant toolmaking company founded by Israel’s Stef Wertheimer and based in the Galilee region of Israel.
Gilder also notes the Wall Street-traded stock Wave, which recently purchased the Israeli security firm Safend, as another promising stock pick. George Gilder is a contributing editor of Forbes and a frequent writer for The Economist, The American Spectator, Harvard Business Review, and The Wall Street Journal. The author of the nine books, he was President Reagan's most frequently quoted living author.
Other Israel Technology News
Intel has already had success with its huge R&D and manufacturing facilities in Israel. In September, Israel's Globes newspaper noted that Intel is considering Israeli EVP David Perlmutter as a possible successor to Intel's Paul Ottelini as Intel's CEO.
Also, technology giant Apple recently purchased Israeli flash-memory technology company Anobit for a reported $500 million, making it one of Apple's most expensive acquisitions. Apple is reported planning it's first R&D center outside of the U.S. in Israel based on the purchase.
Comments 3
Would you send me a copy of a list of Israel stocks with ADR listing, along with current dividend rate.
I would like information pn investing in Israel
Thank you in advance. Interested in possibly investing in Israel stocks. Thank you.