Bloggers ❤ Israel stocks
Stock bloggers have been all over Israel stocks in recent days. We counted coverage of more than two dozen write-ups since mid-month.
The week that was, though shorter than usual…
Ishares MSCI Israel ETF (NYSEARCA:EIS) up 0.30% last week
VanEck Israel ETF (NYSEARCA:ISRA) up 0.73%
Ark Israel Innovative Technology ETF (BATS:IZRL) down 1.27%
BlueStar Israel Technology ETF (NYSEARCA:ITEQ) down 1.32%
Stock bloggers have been all over Israel stocks in recent days. We counted coverage of more than two dozen write-ups on InvestorPlace, Motley Fool, Benzinga and Seeking Alpha.
So we took a dive into the fray and found that some of those bloggers are also among the top-ranked on Tel Aviv-based TipRanks. Without further ado:
Allot (NASDAQ:ALLT, TLV:ALLT) is covered on Seeking Alpha by Donavan Jones, who is ranked 1,298 out of 16,143 financial bloggers on TipRanks. He writes that the tech firm’s recent order from Verizon will need to show up in Allot’s financials, and show if it can help reverse the recent quarter’s “sharp downward slide.” Until then, he’s got the shares on his hold list pending a revenue resurge and a reversal in operating losses.
Gilat Satellite Networks (NASDAQ:GILT, TLV:GILT) gets the attention of Gary Bourgeault, (1,823 out of 16,143) who likes the growth outlook for the Petach Tikva-based firm. “Near-term performance likely to be strong as delays in projects in the prior quarter will be pulled forward to next year,” he noted in his Nov. 24 report. Still, and despite recent contract wins across a range of verticals, “it's going to take time to generate sustainable momentum and predictable growth.”
Sapiens International (NASDAQ:SPNS, TLV:SPNS) is covered on InvestorPlace by Josh Enomoto (757 out of 16,143), who writes that the shares are undervalued against the the price-earnings-growth (PEG) ratio, which stands at 0.72 times as opposed to the sector’s median stat of 1.52 times. He also likes the Holon-based firm’s specialization in computer software for the insurance industry, as post-pandemic, “people are much more attuned to insurance products to protect their financial well-being.”
Tower Semiconductor’s (NASDAQ:TSEM, TLV:TSEM) pending acquisition by Intel (NASDAQ:INTC) is looking less likely, writes Robert Castellano (1,879 out of 16,143), as he doesn’t expect China’s regulators to approve the tie-up. “Although Tower’s foundry fabs don’t currently compete with China’s SMIC and Hua Hong foundries, investment by Intel could change the dynamics,” he writes.