Magic Software Enterprises Ltd. is a thirty year old company with a track record of delivering great results. Unlike other foreign stocks, there have never been any disclosure problems associated with it. Besides the fact that Magic Software Enterprises Ltd. is trading at a discount, an upswing is very likely. The company has minimal debt, has sufficient cash reserves and has a strong earnings record.
Read the full article by Khangelani Hlongwane, business writer and consultant, in Emerging Growth.