List of Israeli Stocks Traded on the NYSE Worth Considering

Israel has a well-deserved reputation as the Startup Nation. The tiny Middle Eastern country punches well above its weight when it comes to high-tech, defense, cybersecurity, medical technologies, and agtech — to mention just a few — are sectors where Israeli technological expertise and entrepreneurial energy are rewarding shrewd investors. Hundreds of Israeli companies have been listed on US exchanges and the number continues to grow.

One of the things I like about Israeli stocks is their resilience. Israel has been at war for over 10 months and 295,000 of its workforce were recalled for military service, Israel has suffered missile, rocket, and drone attacks and hostility from its enemies around the world, yet its business sector and wider economy endure. 

Conflicts are not new for Israel, when trouble flares up, the Israeli stock market may make an initial downturn, but history has shown that  Israeli stocks bounce back very fast and continue to bring profits for investors. When it comes to regional tensions, the Tel Aviv Stock Exchange, or as it is known the ‘TASE’ has essentially become immune to panic. Investors with Israeli stocks in their portfolios have continued to reap the rewards over the years and even throughout 2024. 

The chart below summarizes the performance of the TA-125 Index since 1995. The TA-125 referred to as the Tel Aviv 125 and formerly the TA-100 Index, a stock market index of the 125 most highly capitalised companies listed on the Tel Aviv Stock Exchange (TASE).

Few exchanges can match the tremendous sharp uptrends, and I view the occasional downward slopes as representing tremendous buying opportunities. Over recent years, despite being located at the heart of a turbulent region, the Israeli stock market  has inspired enviable Investor sentiment, investors continue to see Israeli stocks – and other Israeli holdings – as great additions to their portfolios. In fact the TASE has increased in the last 5 years alone 207.60%.  Below is also a 5 year chart of the TASE, clearly one can see the sharp uptrend. The charts below are taken from Yahoo Finance.

5 Year performance of the TASE from Yahoo Finance

The TA-125 Index chart since 1995

In 2006, when the legendary US investor Warren Buffet bought control of Israeli machine tool manufacturer Iscar, he described the acquisition as a “dream acquisition”. He told the Israeli economic newspaper The Marker, that the acquisition was one of the most important deals his Berkshire Hathaway holding company had ever made.

I have assembled a list of the Israeli stocks that are traded on the NYSE. These Israeli companies are all traded on the NYSE and represent proven Israeli technologies, innovation, and business acumen, I see them as solid contenders in a diversified portfolio. 

Some of these Israeli companies are ADRs or American Depository Receipts. ADR which stands for American Depository Receipt, trades just like a regular stock but represents the ownership of shares of a foreign company trading on U.S. financial markets. ADRs also ensure that dividends are paid in US dollars. US traders can trade ADR shares in Israeli companies exactly as shares of American corporations.

Teva Pharmaceutical Industries Ltd

Ticker: TEVA

Sector: Healthcare

Industry:  Drug Manufacturers – Specialty & Generic

Market Cap: 20.65B

Revenue: 16.29B

Teva – meaning nature in Hebrew- is one of Israel’s biggest companies and iconic brands. The pharmaceutical multinational is a leading supplier of generic drugs and also markets its own branded medications. Teva is the 18th largest drug company in the world with hundreds of its products selling in the US market. Simply put, Teva is massive, has a prodigious market reach, and is backed up by substantial R&D assets.

I went off TEVA for a while, as over the last decade, the company had a series of legal issues. Although many investors viewed these as; the cost of doing business in the world of big pharma, I held other opinions. However, now as of 2024, the legal issues seem to be resolved and the future looks generally positive, TEVA is a stock that is worth exploring. 

ICL Group Ltd

Ticker: ICL

Sector: Basic Materials

Industry: Agricultural Inputs

Market Cap: 5.42B

Revenue: 7.04B

ICL is a leading global specialty minerals company and one of the largest fertilizer manufacturers in the world. ICL is a blue-chip company of the Israeli stock market and is equally well-respected on the NYSE. I really like ICL, firstly because they are a consistent high achiever in several markets and secondly, because they are determined to help achieve global food security and have a strong commitment to sustainability.  This company continuously delivers innovative solutions for agriculture and food, some of the most pressing challenges of mankind.

ICL is in the process of building a new $400M battery materials manufacturing plant in the US and recently acquired a major agtech business in Brazil. The company is engaged in a variety of industrial segments around the world and can be considered a moderately diversified business. Agriculture is a good sector to invest in, especially in bear markets or market downturns. ICL’s stock is currently extremely oversold and I feel that at the current price, it’s a bargain and a real opportunity worth looking into.

Ellomay Capital Ltd

Ticker: ELLO

Sector: Utilities

Industry: Utilities – Renewable

Market Cap: 169.65M

Revenue: 45.34M

Ellomay Capital, may sound like a finance company but it is one of Israel’s leading green energy generation and storage experts. The company is active in Europe and Israel as a renewable energy power generator and developer.

ELLO  has been a consistent performer on the NYSE and the Israeli stock market. 

With the global economy increasingly valuing clean and sustainable energy, Ellomay Capital is well-positioned for consistent growth. The company is particularly focused on new projects to build Photovoltaic Plants and has amazing technological resources and a good command of its markets. If you’re interested in energy stocks, I recommend researching ELLO. 

Fiverr International Ltd

Ticker: FVRR

Sector: Communication Services

Industry: Internet Content & Information

Market Cap: 938.61M

Revenue: 372.22M

Anybody who’s ever hired a freelancer or worked as one is probably familiar with Fiverr. Around the world, the company’s website and platform matches freelance service providers with potential clients. Fiverr was an early pioneer who saw the potential of the global gig economy (connecting freelancers to employers for temporary, project-based work) and had the boldness and the technical ability to make things happen. 

Fiverr was founded in Israel in 2010 and has grown exponentially since then – to become one of the most high-profile success icons of the Startup Nation. Fiverr is a growth-focused company that has acquired several other businesses its stock is well worth checking out. 

Can-Fite Biopharma Ltd

Ticker: CANF

Sector: Healthcare

Industry: Biotechnology

Market Cap: 12.51M

Revenue: 743.00K

Cano-Fite is a rapidly growing biopharmaceutical company that channels its technological resources into developing advanced therapeutic products for conditions like psoriasis, cancer, liver, and inflammatory diseases.

Cano-Fite has an advanced pipeline of proprietary drug candidates, like Piclidenoson, for the treatment of psoriasis; currently in a Phase III trial and is close to final approval and market release. If Cano-Fite’s life-changing drugs meet expectations, we’ll likely see a surge in CANF stocks, I like this company!

Riskified Ltd

Ticker: RSKD

Sector: Technology

Industry: Software – Application

Market Cap: 830.53M

Revenue: 311.08M

Riskified is one of the big success stories of the Israeli software industry. This SaaS (software as a service) company provides advanced fraud and chargeback prevention technologies to retailers around the world. Riskified was founded in 2012 and 9 years later in 2021, Riskified went public on the NYSE with a $3.3B valuation!

Although I’m classing Riskified as a software company, it can equally be regarded as an e-commerce and a cybersecurity company. These are exciting sectors with great growth potential and Riskified is a top-level SaaS provider to these sectors. There are very few competitors that can currently challenge Riskified. RSKD is a stock that can potentially add to any relevant portfolio. 

Similarweb Ltd

Ticker: SMWB

Sector: Technology

Industry: Software – Application

Market Cap: 704.07M

Revenue: 231.21M

Similarweb is another Israeli software company that by developing much-needed digital platform services, sized up a growing market and shot to prominence. The company was founded in 2009 as a software developer and data aggregation service and now has offices in a dozen countries worldwide. 

Similarweb’s main businesses are in the fields of web analytics, web traffic, and digital performance. Every day, Similarweb’s proprietary technology analyzes billions of digital interactions and transactions from millions of websites and apps – the heart of our e-commerce economy. Similarweb is arguably the best at what it does, determined to maintain its role as a leader, Similarweb invests heavily in new technology. This year in 2024, Similarweb acquired both Admetricks and 42matters to help boost its reach.  

Valens Semiconductor Ltd.

Ticker: VLN

Sector: Technology

Industry: Semiconductors

Market Cap: 232.26 M

Revenue: 61.26M

Valens is an Israeli company whose semiconductors and chips are essential components in automotive and audio-video device manufacturing. Valens is a fabless ( non-fabricating) manufacturing company that outsources its manufacturing to third parties and focuses on their technological innovations (and the marketing of its products). 

I’ve followed VLN stocks for almost three years since they were listed on the NYSE and I’m a big fan of the company. It is a tech innovator with great growth potential. When compared to Israeli giants like CheckPoint and Teva, Valens may be a tiny company, but it’s a qualitative leader within its market niche. 

Zim Integrated Shipping Services Ltd.

Ticker: ZIM

Sector: Industrials

Industry: Marine Shipping

Market Cap: 2.43B

Revenue: 5.97B

Zim is an Israeli container liner shipping company that predates the founding of the state. Zim was created in 1945 immediately after the end of WW2. Its iconic shipping containers are still seen all over Israel today. In its history, Zim has been restructured several times and has weathered some storms. In 2021 ZIM was listed on the NYSE with an IPO backed by some of the world’s major financial institutions. 

Zim can draw upon a reserve of well over half a million shipping containers and over 70 vessels, making it a major force in the international shipping industry. The company has come a long way since its establishment. ZIM currently covers all of the world’s trade lines (and 180 ports) and is likely to expand its cargo fleet. Shipping companies are not an organically popular segment, many investors don’t ordinarily think of acquiring stocks in a shipping company, but ZIM has rewarded those who backed it. 

Should I Add Israeli Stocks to My Portfolio?

I am a big fan of Israeli stocks and the Israeli stock market, I love the resilience, adaptability, and initiative of Israeli companies and their refusal to be ruffled by adverse global events. There are hundreds of Israeli stocks to choose from when also considering the ones traded on the Nasdaq and OTC markets, although their suitability for your portfolio will always depend on your personal criteria, financial goals, appetite for risk, and knowledge of individual markets.

What I strongly recommend is that you take the time to learn more about Israeli stocks and ADRs and follow their performance on the TASE, NYSE, and those traded on the Nasdaq. It’s genuinely exciting and you’ll be surprised by their performance!