Stockchase Opinions

David Fingold Elbit Systems ESLT-Q BUY ON WEAKNESS Jan 06, 2023

Owns shares in the company and is one of the largest shareholders. Performance of stock price has been excellent. Very strong company with excellent management team. Expecting demand for defense technology will be higher as global tensions persist.
$171.580

Stock price when the opinion was issued

0
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TOP PICK
Israel's largest defensive publicly traded contractor. Largely electronics and are within the mid-cycle of defense spending. The largest producer of drones. They make a "re-drone" system that would have safeguarded Saudi oil facilities as it allows for control to be taken over drones to land them safely. Yield 1.09% (Analysts’ price target is $153.67)
PAST TOP PICK
(A Top Pick May 27/19, Down 13%) Still likes it. A big player in cyber warfare, drones, AR and VR (defence electronics). Excellent managers. Just bought a night vision systems company. Well positioned in all part of the fastest-growing parts of the defense industry.
DON'T BUY
An Israeli company playing in the defense space. He does not dabble in the defense space. It is rather on the small side. He would prefer others in this space. These stocks run counter to the economic cycles.
PAST TOP PICK
(A Top Pick Aug 02/19, Down 13%) They make defence electronics and a strong performer since their last acquisition. He's holding this long term. A headwind is the market moving towards cyclical businesses instead of defence stocks. But ESLT still has strong long-term prospects.
BUY
Recent acquisitions will let them significantly penetrate the naval market. Likes it. Long-time holder of the stock.
COMMENT
The defence industry in total is starting to roll over. The Biden administration is not viewed as oriented towards defence spending so this is why it has gone down recently.
TOP PICK
Israel's largest defense contractor and is way ahead of competitors. High energy weapons. Has made some very important and interesting acquisitions. Very good long term growth. It is a family controlled business and his company is one of the largest shareholders after family.
BUY
Has held for about 10 years. It is Israel's largest defense contractor. It is a leader in electronics, night vision, virtual augmented and reality, lasers, high energy weapons,etc. Has many products for the Israeli navy and possibly for world navies. Defense spending has generally been losing ground but it is now considered mandatory.
TOP PICK
This has been a long term holding and has been consolidating. It is Israel's largest defense contractor. There is good upside to Israel's defense budget and global defense budgets. It does a lot of business in Western Europe. It is an industry leader in areas such as night vision, cyber defense, high energy weapons, unmanned systems. Buy 2, Hold 1, Sell 0