TEVA is indeed my largest holding in my portfolio, at no time is it less than 35% of it, sometimes a bit more. As i once wrote, look at the longest range comperative chart, and insert any other stocj you know, and see who beats whom over the long term,
Try inserting any other company you want into the comperative box, and see the results.
An real eyeopener, is it not? [Naturally an outstanding good performer in the past does not neccesarily ensure future perform remains the same.]
In general i prefer Israeli companies, not because they are necessarily better, but because:
a/A lot more info available for me in Hebrew and English, in the israeli media.
b/I can always pick up the phone and chat with Headoffice officials in Hebrew.... and pick up impressions, data, and various tidbits to finalise the puzzel.
c/Most companies are close, i can always go inspect the premises, casually interogating employees, nice chatting etc...
d/Israeli companies have a double safety net(for me) controlled by Israeli SEC and USA SEC.....so hardly a chance of hanky panky stuff happening.(With both different but strict measures the chances of comitting 'mischief' is greatly reduced.)
e/some of the stocks are dually traded, in Tel-Aviv stock exchange, as well as in the US, like TEVA, ESLT, and many others....
My choice and picks of the small caps Israeli companies i own, plus targets are in