Tuesday, July 18, 2006

Israel's War Discount

WASHINGTON, D.C. - Feeling contrarian and in the mood to bargain hunt? Go for U.S.-listed shares of Israeli companies. The accompanying table lists a few notables.

We're not downplaying the present difficulties in the Middle East. In fact, we've heard firsthand of nervousness among Israelis and the multiple threats to the country's economy: people staying close to home or in bomb shelters, a sluggish tourism industry and the disruption of port activity in Haifa.

Full story at Forbes.com