Ituran Location and Control was initially published as one of our 7investing Community's New Ideas in December 2024.

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Background

The following comes directly from our initial Community recommendation. 7investing's opinions may differ from the person(s) who submitted this community research.

Do you like tiny companies threatened by geopolitical risk (Israeli) and the possibility of technological obsolescence (EVs don’t need its service?) (Oh yeah also for Americans the complication of foreign dividend tax..)?

If so Ituran may be for you. “engages in the provision of stolen vehicle recovery, fleet management, and tracking services”. It’s consistently grown EPS for the last 5 years and even revenue x2020. It pays a variable dividend that’s around a 50% payout ratio, yields ~5.2% now, PE of 12.

Growing cash and no debt – think they got enough traction in trucking and emerging markets to stick around through EV mass adoption.