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Ituran Location: A Great Small Cap Story For The Long Run

Ituran Location and Control Ltd. (NASDAQ:ITRN) is a company that focuses on building locations based devices with a focus on Stolen Vehicle Recovery (SVR) and wireless equipment designed for fleet management. The primary markets that ITRN operates in are Brazil and Israel and gets a majority of its revenue from these markets. They do have small operations in the US markets but this market contributes less than 4% of the company's revenue. With more locations based devices and sensors being incorporated into cars for the individual drivers as well as fleet managers, ITRN is in a market that has great potential and unlimited growth as the world grows its automobile…