The investment manager who marks two Tel Aviv shares that are “buying to the sky”

Uri Tuval started his career at all as DJ, following his older brother Danny. “I wanted to be DJ for parties and weddings and made it 12 years. I signed famous children like Itzik Mordechai’s son or Jacob Perry’s daughter,” he says. However, he said, “I was good at numbers from an early age. From him than this music is to manage investments. ”

At the age of 25, he “hung the headphones” and completed the switch to the capital market. After working in Barak Capital, a Discount and Sephuz Bank, he decided two years ago, at the age of 44, to establish an investment house on behalf of Tuval where he says he says over NIS 500 million, and also a hedge fund with NIS 50 million called Elmanda Capital.

“Investors in S&P are about to get a market”

Last Friday and on Monday markets again dismissed US President Donald Trump’s lids, when the fear is that it will lead to an inflation leap and the removal of interest rates. Sharp on the stock exchanges, which later became impressive elevators in 2019. Trump systematically operates. The current covers’ course is part of a power from negotiating in front of the countries on which trade restrictions have been imposed.

“In the short term, there may be volatility in the markets, as has been observed last Friday and at the beginning of the week,” he adds. “But in the long run, this can create investment opportunities. In the local arena, the impact on the Israeli market is expected to be relatively limited.”

Tuval also mentions that “behind the scenes is negotiating to end the Russian-Ukraine War, which will be a very positive change to economies around the world. It’s not a good time to sit on the fence without stocks, there are a lot of ‘bricks’ swans that can reach and devour the cards. “He said,” Trump is great for markets, as soon as he chose the American market already made all his annual average return. In the coming year, it will also be 5% – 7%. ”

Still, Tuval fears the high pricing of the American market. “Investors in S&P 500 like a trend, but people do not realize that they are going to get a ‘nose’ from the American index,” he warns. “In the end, it is about 10 companies that attract the market upward and if they descend it will shock the market, although 490 other companies have not risen and can still rise.” He also estimates that the shekel will be strengthened and therefore dollar investments will be harmed: “People who buy the S&P 500 do not understand the currency risk.

The gap in favor of the Israeli market will grow and grow

In contrast, he believes in the local stock market. “The Israeli economy is in a positive growth cycle, and it is unlikely to see a sharp change.

“2025 is expected to be a fascinating year for investors. Therefore, Tuval appreciates, “The Israeli market will make a double -digit return this year.”

“What to buy government bonds”

Throughout the conversation, Tuval makes sure to sound bitter and different from the big investment houses and insurance companies: “It’s easiest to buy Google Or the NASDAC and say I am “exposed to abroad”, but this is not possible to provide good returns from the others. “Accordingly, Tuval’s portfolio looks different from most cases. “Government:” For what?

Thus, for a solid investor he recommends a portfolio of 25% invested in Israeli stocks, another 5% in US stocks, mainly Barel 2000 as well as stocks Manday andTabula “Because I can meet management. Google CEO will not talk to me. It is best to invest in small companies whose pricing is convenient. ” . Small companies are more careful. It is enough to remember Nochi Dankner and Leviev’s high rankings. “Aggressive investor Tuval recommends a 42% portfolio in stocks in Israel, 8% in US stocks and 50% unqualified bonds.

“Aloni Arrow is buying to the sky”

Tuval does not invest in indices or sectors and prefers to choose specific shares. And can still be diagnosed that he prefers bank shares (Discount , The workers andnational ), Insurance (Labra , rule andHarel ), And also believes in residential real estate. The insurance is looking to invest in urban renewal, there is a lot of money there and they sit on cash.

He believes that the yielding real estate will also join this year’s celebration, mainly on the background of interest rates in the second half of the year. With regard to shares, he says that “Aloni arrow This is a buy that screams to the sky, and also Azrieli – People think she is malls but the whole field of dat -chin is not priced at all. I appreciate a 50% nose in the stock. ”

Tuval Investment House holds some of the securities mentioned. It is not said above to be considered an investment consultation that is considered by each person’s special data and needs.