First Israel Fund (ISL)


I started with First Israel Fund (ISL), the only Israel-centered mutual fund I'm aware of, and its components. Then I looked at Israel stocks traded as ADRs on the NYSE. The most familiar names to US investors are Teva Pharmaceutals (TEVA) and Checkpoint Software (CHKPF). Some of the companies, like Koor and Magal, have been around for close to 60 years, since the founding of the state.

When anyone asks Cramer about Israel stocks he mentions Nice Systems (NICE), at least as of July 20, 2007.

Israel is a well developed financial market, with a lot of high tech companies (cellular, wireless, security, CAD/CAM). Some of them I think are relics from the dot com bust, but not all.

Israel, amazingly, has a strong currency. The shekel recently hit a 6 year high against the dollar. This is amazing to me because Israel for the first 50 or so years of its existence had been known for currency devaluations. The first Israeli currency, the pound, in 1947 was pegged to the British pound. The currency was hammered so much it was called the lira. But that's history.

Article at: on how to invest in Israeli stocks.

Article at:
about the possible rewards of Israeli stocks with market liberalization under the Likud.

Most Viewed Portfolios

View All


3 Tech Stocks Under $10 Triggering Breakout Trades

09.19.14 | 08:21 AM

DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percen...

Dividend Preview: 5 Dividend Stocks Ready to Pay You More

09.19.14 | 09:07 AM

BALTIMORE (Stockpickr) -- Don't get fooled by the flash of new all-time highs in the big stock indices; if you're not buying dividend names, you're...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter