Those of you who frequent this blog on a regular basis probably know by now that the only kinds of stocks that i like to blog about are the ones that are steady rising stocks that grow in value over time and are not all that risky. Have you looked at Ampal Corp? (AMPL) This is a company that focuses on other companies and industries that are Israeli or Israeli based. Usually but not exclusively involved in the Commercial real estate and the leisure industries like tourism. It also has a 22% stake in Carmel container systems which is a packing materials manufacturer and a 37% stake in Bay Heart limited which is involved in shopping malls in The city of Haifa in Israel. They are now looking for investment oppourtunities in the energy sector after having been focused on high tech and telecom stocks for a while.
In the beginning of 2003 one share was going for about $2.25. By the beginning of 04 it was at $3.25. By January of 05 it was $4.00 a share. By the spring of 06 $5.00. By the summer of 07 $6.50 a share. On December 10th of 2007 it closed at $7.12 a share. It is an affordable stock that just about anyone can buy into and it has a lot of potential climbing that it still can do. It might be worth a look.
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