By Aaron Katsman
IsraelNewsletter.com

Tefron,(TFR), a textile company that manufactures boutique-quality everyday seamless intimate apparel, active wear and swimwear sold throughout the world by such name-brand marketers as Victoria’s Secret, Nike (NKE), Target (TGT), and The Gap (GPS), has seen its’ stock fly over the last week surging over 18%. The surge is coming on no news, but it would make sense that simply the heavy selling of late was way overdone, and a bit of rationality has taken over. Or could it be that Iranian President Ahmadinejad, actually paid attention to our blog and started buying up Tefron stock. 

As I mentioned previously CEO Yos Shiran was optimistic for Q4 and all of ‘08, and thought that the worst was behind the company. I would expect to see continued upside in Tefron stock.

Please see our Disclaimer HERE.

Disclosure: Author’s fund is long TFR as of 10/11/07. Author has no positions in any other companies mentioned.

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Aaron Katsman is the lead portfolio manager for the Israel Growth Portfolio and Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email aaron@profile-financial.com.

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