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iShares MSCI Mexico ETF (EWW $66.73)
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Fomento Economico Mexicano S.A.B. de C.V. (FMX $95.60)
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Coca Cola Femsa S.A.B. de C.V. American Depositary Shares each representing 10 Units (each Unit consists of 3 Series B Shares and 5 Series L Shares) (KOF $86.69)
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Grupo Aeroportuario Del Pacifico S.A. B. de C.V. de C.V. (each representing 10 Series B shares) (PAC $208.17)
Q: Hi 5i Team,
I know international markets aren't your wheelhouse per se but any insight you have is appreciated. I have been reading a lot about Mexico's surprising growth over the last few years and better-than-thought projected growth for 2024. It sounds like even Scotiabank is planning on redirecting investment from other underperforming Latin American countries to Mexico in it's "Mexico First" strategic plans.
With this in mind, do you know of any Mexican companies that may benefit from this growth with compelling fundamentals that are listed on the NYSE or NASDAQ? Or even American companies that get most of thier revenue from Mexico?
I already own the ishares Mexico ETF but was interested in buying some individuals stocks.
Thank you all for your always sage advice and wishing you all an excellent and relaxing holiday season!
I know international markets aren't your wheelhouse per se but any insight you have is appreciated. I have been reading a lot about Mexico's surprising growth over the last few years and better-than-thought projected growth for 2024. It sounds like even Scotiabank is planning on redirecting investment from other underperforming Latin American countries to Mexico in it's "Mexico First" strategic plans.
With this in mind, do you know of any Mexican companies that may benefit from this growth with compelling fundamentals that are listed on the NYSE or NASDAQ? Or even American companies that get most of thier revenue from Mexico?
I already own the ishares Mexico ETF but was interested in buying some individuals stocks.
Thank you all for your always sage advice and wishing you all an excellent and relaxing holiday season!
Q: Would you consider this latin American Bottler of Coca Cola to be at a good entry point. They have been hurt by the low Peso. They have diversified by also owning the Oxxo store chain and have been putting Gas stations.
Do you see any Red Flags ?
thanks !
Do you see any Red Flags ?
thanks !