Hello Friends!  Thanks so much for stopping by and visiting my blog, Stock Picks Bob’s Advice!  As always, please remember that I am an amateur investor, so please remember to consult with your professional investment advisers prior to making any investment decisions based on information on this website.

A few moments ago I sold all of my shares of ResMed (RMD), which amounted to 150 shares, at $38.46.  These shares were purchased 2/4/05 at a cost basis of $29.87 giving me a long-term gain of $8.59 or  28.8% on these shares.

This sale brings me down to my ‘minimum’ portfolio size of 5 positions.  I have set my maximum at 20 positions and my minimum at 5.  What this means is that with this sale, as before, since it is on ‘bad news’, which means selling on a defensive …

We spend a lot of time here at IOI, discussing which Israeli stocks that trade in the US are our favorites. You’ve all read our thoughts regarding Comverse (CMVT.pk) and the value that we believe is soon to be unlocked. We’ve spoken about geothermal energy provider Ormat (ORA) and the future we believe the company has. I could go on and on, but I will spare you.

With Israel turning 60 this week, IOI would like to hear from you. We want to know what your favorite Israeli stock is and why? Which stock do you think will provide superior returns?

Feel free to post a comment and share with all our readers your analysis.

Disclosure: Author’s fund has no position in any other stock mentioned as of 5/5/08.

Please see …

The entire interview with Cliff Goldstein of AMIDEX is part of our new subscription newsletter, Israel Opportunity Investor. You can find out more about the product and the opportunities we cover at www.israelnewsletter.com.

Can you tell us how AMIDEX got started?
Cliff Goldstein: I’m a lawyer by trade. In 1998 I saw some really compelling advances being made by Israeli technology companies. I decided to go to brokerage firms to see if I could find a way to invest in this ingenuity. I was specifically looking for a mutual fund that invested in Israeli companies. There wasn’t anything out there. After speaking directly to brokers, it was also clear to me that brokers themselves weren’t really knowledgeable about what was occurring on the ground in Israel. I then went to Israeli

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