|
America Movil is helping citizens in Latin America connect |
|
| Oct 13, 2009 04:30 PM UTC |
|
Tracked Blogger
|
Via BloggingStocks:
Filed under: Stocks to Buy  Double-digit subscriber growth means good things for America Movil SAB de CV (NYSE: AMX), hence I'm Reiterating my Buy rating for the company, first recommended on June 24, 2009 at a price of $36.47. If you purchased AMX in June, you're up about 30%.America, is another one of those large caps that was rudely treated by Wall Street, which took shares down to about $25 from the mid-$60s in FY2008. That was a mistake, because all the while AMX, the largest wireless service provider in Latin America, has been expanding its presence in two important emerging markets: Brazil and Mexico. AMX also has a presence in 17 other countries in the Americas, and should have about 200 million subscribers by the end of 2009, up from 183 million at the end of 2008. Continue reading America Movil is helping citizens in Latin America connect America Movil is helping citizens in Latin America connect originally appeared on BloggingStocks on Tue, 13 Oct 2009 11:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
Read the rest of original post »
|
Add Comment
Be the first to comment on this story and earn 2 points.
Your Comment
|
|
IN THE PRESS |
|
|
|
|
|
|
| About | RSS | Feedback | Contact Us | Terms of Service | Privacy |
© 2009 FinancialContent Services, Inc. |
|
Data powered by FinancialContent. All Rights Reserved. Quotes delayed at least 20 minutes unless otherwise indicated. |
|
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. |
