for Excellence results  Brokerage professionals

Our research department reviews the majority of companies included in the Tel Aviv 35 Index and about half of companies included in the Tel Aviv 125 index, publishing reviews of different branches including local and global aspects as well as valuations. We regularly organize lectures delivered by senior investment managers and managers of leading companies in the economy. In addition, we perform a wide variety of Sell-Side analyses for foreign banks.

Micha Goldberg

Head of research department and bank analyst 

Mr. Goldberg in the past served as a bank analyst for emerging markets at Merrill Lynch including analyzing Israeli banks. He was also a senior partner in analyzing South African banks and contributing to EMEA (Europe, Middle East, Africa) banking strategy for Merrill Lynch. Before joining Merrill Lynch, Goldberg served as head of Excellence's research department as well as a banking analyst. He has more than 16 years' experience in the local and global capital market during which he served for many years as head of research and as a senior analyst in the domain of local banks. Goldberg is a graduate of Bar-Ilan University and holds a master's degree in business economics & finance.

phone number: 03-7533100


Gilad Alper

Analyst specializing in pharma, communications, chemistry and technology

Alper has been an analyst for 16 years, seven of them with Commerzbank in London and in Merrill Lynch in New York. He holds a bachelor's degree (with distinction) in economics from Tel Aviv University and an MBA from the Norwegian School of Economics (NHH) in Bergen, Norway. Alper covered the domain of wireless technology for Merrill Lynch and Commerzbank, including major companies such as Nokia, Ericsson, Alcatel, Siemens, Motorola, Amdocs, and Comverse. In recent years, Alper has covered the agrochemical, communications and technological sectors. He has more than a decade's experience in both the local and global capital market.   

phone number: 03-7532997


David Gabbai

Real estate analyst

Gabbai possesses almost two decades of experience in the Israeli and global capital market including research and valuation of companies and in-depth knowledge of international markets including the bond market. Previously, he worked as an analyst of Israeli institutions at IBI and Nessuah and as a global stocks and bonds analyst for a hedge fund. David is an accountant by profession and speaks fluent English and Hebrew.

phone number: 03-7532045


Elad Krauss


Elad possesses 14 years of capital market experience, three of which as an analyst in the Excellence research department. In the past he served as an analyst for Amitim, Leader Capital Markets Ltd. and Harel Finance. Elad holds a bachelor's degree in economics, business administration, and political science and an MBA from Bar-Ilan University.

phone number: 03-7532961