Nova, Camtek: Focus on 2 Competitive Chip Equipment Manufacturers
Shlomi Cohen submits:
Small investment bank Roth Capital has invited no less than 12 Israeli firms to its Growth Stock Conference this week on the west coast of the US, as most of the companies have plans to hold secondary offerings or to be bought this year, if the market’s current positive conditions continue.
One of the Israeli firms at the conference is Nova Measuring Instruments Ltd. (Nasdaq:NVMI; TASE:NVMI), which I hold in my portfolio tracked by "Globes". Nova already completed a follow-on offering, after its share price jumped 15-fold since February of 2009. About a month ago, another small investment bank, Needham, successfully raised a net $17 million for the firm, and Roth Capital was a co-manager of the offering. The amount was double the company’s entire market value at the bottom of the market crisis last year.
Investing, Long Term Investment, stock market | admin March 17, 2010
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