News / Stock

Israel: The Energy Sector Remains Bullish. Alphie Suggests Investing In Delek Group.

May 27, 2020 - 13:55 GMT+0000

The Robot believes the stock will grow after a period of price depreciation. Delek Group (DLEKG.TA), listed in the Tel Aviv stock market in Israeli Shekels, is a management company that controls a number of corporations with a range of investments in Israel and overseas in the fields of energy, infrastructure, financial services, automotive and others. It has a number of subsidiaries, including Delek Energy Ltd, which are engaged in oil and gas exploration. According to an internal report, the company’s revenue in 2019 totaled 8.79 billion Israeli Shekels. The company’s stock price has been slowly decreasing since mid-April and…

Register to continue reading for free