Many Israeli companies receive capital inflows from Nasdaq, the technology company stock exchange headquartered in the United States (US).
"Israel has 135 companies listed on Nasdaq, the fourth most after companies from the US, Canada, and China," said the US Department of State in its report *2023 Investment Climate Statements: Israel*.
Of these over one hundred companies, the Israeli company with the largest market capitalization on Nasdaq currently is Check Point Software Technologies (CHKP).
CHKP is a cybersecurity services company for corporations. They also produce antivirus, anti-ransomware, and firewall software for individual consumers.
On October 30, 2023, CHKP's market capitalization on Nasdaq reached US$15.9 billion.
Besides CHKP, the Israeli companies in this top 10 list generally operate in the software industry, except for Elbit Systems (ESLT) and Leonardo DRS (DRS), which produce military technology, and SolarEdge Technologies (SEDG), which produces semiconductors.
Here is a complete list of the 10 Israeli companies with the largest market capitalization on Nasdaq as of October 30, 2023:
1. Check Point Software Technologies (CHKP): US$15.9 billion
2. American Depositary Shares (NICE): US$9.7 billion
3. Elbit Systems (ESLT): US$8.2 billion
4. CyberArk Software (CYBR): US$6.4 billion
5. Monday.com (MNDY): US$6.2 billion
6. Global-E Online (GLBE): US$5.3 billion
7. Leonardo DRS (DRS): US$4.97 billion
8. Wix.com (WIX): US$4.4 billion
9. SolarEdge Technologies (SEDG): US$4.35 billion
10. Mobileye Global (MBLY): US$3.3 billion