That today my largest position is Silc :-)
Sentiment: Strong Buy
A month later and even more glad!!!!
back in the days when i owned SILC, i always appreciated its ability to stay up when US markets were down. i think it is sometimes resistant to overall US market drops because:
(1) it is based in israel
(2) it is a weird growth/value hybrid
(3) there are so few people actually buying and selling it
(4) it is a niche company in a high-growth sector
this doesn't make SILC immune to market cycles. but it certainly has the ability to be uncorrelated with overall markets.
True, but that can work both ways, i.e. does not always run up that much, but that's based on a number of factors including it's small size.
It sure does not hurt that at the start of this mini selloff they announced biz that in time may approach 10% of trailing 52 week sales :-)