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Strauss GroupSTRS-TASEPAST TOP PICKNov 23, 2016Stock price when the opinion was issued
This is an Israeli company who has partnered with Haier in China, selling residential water treatment systems at a very attractive price point. They also sell home water treatments in the US and the UK. They offer a razor/blade type of product. The water purifier requires the consumer to buy a subscription to obtain a UV bulb and another proprietary consumable product. This provides an ongoing revenue stream.
They are the third largest coffee producer operating out of South America, Israel and parts of Europe. This is one of the fastest growing commodity businesses. They are involved in water treatment systems in Europe and China and are one of the largest food producers in Israel. Yield 1.9%. (Analysts’ price target is 7950 ILs )
(A Top Pick Sept 19/16. Down 2.42%.) This makes hummus, baba ganoush and other Middle Eastern dips. They are also the largest coffee producer in Brazil, and the leading snack food and dairy products producer in Israel. This is a long-term hold. It has excellent management and great long-term prospects. He particularly likes its exposure to Israel, which is one of the fastest-growing countries globally. This is a good opportunity, because it is much cheaper than the large global food companies.