MILLBURN, N.J. ( Stockpickr) -- I have long been a follower and investor in Israeli stocks. This is partly due to my cultural links to the country, but more important, Israel is a hot bed for technology, engineering, science and medicine. Many major U.S. corporations, such as Intel ( INTC), have large operations in Israel.

Over the years I have been in and out of many Israeli stocks. However, there is one stock that I have held continuously for the past eight years: Aberdeen Israel Fund ( ISL). This stock has provided me with a well-diversified portfolio of investments in Israeli. While the fund holds several stocks that are available in ADR form to U.S.-based investors, it also hold positions in stocks only traded in Israel and some private equity / venture capital investments. The annual report is an interesting read.

Related: 5 Cheapest Dow Dividend Stocks

There are some other interesting stocks in Israel that can be directly invested in the U.S. in American depository receipt form. I've compiled a portfolio of Israeli stock opportunities in a portfolio. The following three are some of my favorites, and all pay dividends that earn them spots on highest-yielding stocks lists.

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