Connect with us

Hi, what are you looking for?

Jewish Business News

StartUps

Jim Cramer: Mobileye Best IPO of 2014

jim cramer

The Israeli tech start up that had a stellar IPO topped CNBC’s Jim Cramer’s list of the top IPOs so far this year. Alibaba, which was the game changing IPO that debuted last Friday finished a mere third on the list after GoPro.  Cramer’s reason for not making Alibaba number one was its rich valuation, but he thinks Mobileye is still cheap at these levels. MobilEye is the only pure play for advanced driver assistance systems. The company has 80% market share and is far ahead of the competition. It has 50% revenue growth and 60%  operating margins. MobilEye has risen 92% since its IPO and with its recent pullback, may be a buy at these levels.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Advertisement