Aaron Katsman
About this author: By this author:
With gold prices surging, I can’t afford to by my wife actual jewelry for her birthday, but I can afford to buy some shares in these two little-known Israeli stocks, and they are sure to be DIAMONDS in the rough.
Elbit Medical Imaging(EMITF) stock has dropped nearly 20% in the last few weeks. The real estate and bio-tech company was a big winner for investors in ‘07 and even with a slow start to ‘08, I look at Elbit Medical as a star performer this year as well. It is opening a mall in Poland (maybe I can get some cheap jewelry there) which is a continuation of the company's plans to continue building out the real estate holdings in Eastern European along with some new projects in India. As I have mentioned before, the real story with Elbit Medical is their very large stake in two of the most exciting private (though an IPO is definitely in the cards) companies Israel has to offer. Insightec Ltd., develops a product that combines MRI technology with focused ultrasound in order to treat serious diseases such as bone, liver and brain tumors, without the invasive procedures that are currently used. The other private company is Gamida Cell. Gamida Cell is developing, along with the aforementioned Teva, a line of cell therapy products for the treatment of such diseases as leukemia and lymphoma.
Jacada(JCDA) a leading provider of unified desktop and process optimization solutions for customer service operations, has been signing deals right and left and a few weeks ago announced that it was selling its Application Modernization Business to Software AG for $26 million. The company is doing this to focus exclusively on high growth business, in order to position Jacada as a pureplay in the call center solutions business. The firm provides a single, unified workspace for customer service organizations managing lots of legacy and disparate software systems. My buddy Zack ”I love the Internet” Miller had a great analysis of this deal. I really think Jacada is poised to fly, and in fact with all the current selling on Wall Street, Jacada stock has actually been inching up.
Happy birthday!
Disclosure: The author’s fund holds a position in EMITF and JCDA. He has no position in any other stock mentioned as of January 9, 2008.
Related Articles
|
Hedge Fund Jobs
Job Seekers: Search jobs by category, get job alerts by email or live feed, apply online See full list of jobs »
Employers: See all recruitment options, get applications online or by email Post a job »
Trading Center
- Free E-Newsletters
- About Seeking Alpha
- About Us
- Contact Us
- What's New
- Readers Feedback
- Advertise With Us
- Contributors
- Contribute an Article
- Feature Your Book
- Our Contributors
- Anonymous Contributions
- Dispute an Article?
- Legal
- Terms of Use
- Privacy
- Copyright