America Movil
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Don't Miss the Fiesta! - Four Solid Mexican Stocks on US Exchanges
By John Chachere - June 19, 2013 | Tickers: AMX, CX, KOF, TV, MXF
Close to the United States and not without it's share of political attention, Mexico appears to be on the rise like many other developing countries around the world. Much of the country's income is a result of natural resources. Many have pointed out that our Amigo to the south is one of the fastest-growing economies. While not perfect, Mexico still offers a lot of potential to the world more »
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Chuck Akre Is Bullish on Three New Businesses
By Anh HOANG - May 24, 2013 | Tickers: AMX, MWE, NS
Chuck Akre is one of the most outstanding and successful value investors in the world. In the past 20 years, he has managed to deliver an annualized return of 13.3%, beating the S&P 500’s annualized return of only 7.9%. In the first quarter 2013, he has initiated several new buys including NuStar Energy, L.P (NYSE: NS), America Movil SAB (NYSE: AMX) and MarkWest Energy Partners more »
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Why Bill Gates and Carlos Slim Are Getting Richer, and Why You Should Care
By Hunter Hillman - May 23, 2013 | Tickers: AMX, MSFT |
For years, Bill Gates was the richest man in the world, buoyed by his stake in Microsoft (NASDAQ: MSFT)). In 2010, though, he was overtaken by Carlos Slim, a Mexican investor whose holdings in America Movil (NYSE: AMX) account for $49 billion of his $73 billion fortune. However, Bloomberg just reported that Bill Gates is once again the wealthiest man on the planet thanks to a surge in Microsoft's more »
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Green Dot: Shaking Off the Competition
By Mark Holder - May 15, 2013 | Tickers: AMX, GDOT, NTSP
The summary of the Green Dot (NYSE: GDOT) Q1 2013 earnings report had to be that the company was shaking off the increased competition in the prepaid debit card arena. The long-term market leader famously plunged 50%% back in July of last year after forecasting that earnings would be greatly impacted by increased competition primarily from the Bluebird Card via American Express (NYSE: AMX) at Wal-Mart stores.
Ironically, the leading more »
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After a Wild Ride, Is This Company Getting Serious?
By Mike Thiessen - May 14, 2013 | Tickers: AMX, NTL, TEO, VOD
Over the past year, Buenos Aires-based telecom holding company Nortel Inversora's stock (NYSE: NTL) has been on a wild ride. Unfortunately, this has not been a good thing for investors owning the stock. A trader who purchased the company in Mid-May of 2011 would have paid at least $25 per share for the privilege of doing so. In the subsequent 24-month period, the company's stock has traded in more »
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Telecom Services in Latin America, Revisited.
By Damian Illia - May 8, 2013 | Tickers: AMX, TEO, TSU
Over the past few years wireless data consumption has increased dramatically due to the rapid adoption of smartphones and tablets, as well as world economic growth.
Although Latin America’s economic growth has slowed down, there is one more reason to keep telecom stocks in any portfolio: they are defensive. This means that cash flows for telecom companies are relatively stable over the years compared to the rest of the more »
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Is Mexico The New Land of Telecom Opportunity?
By Joshua Bondy - May 6, 2013 | Tickers: AMX, T, NIHD
The Mexican government is looking to increase the quality of Mexico's telecom services after an OECD study found that Mexico is the second most expensive nation in Latin America. America Movil owns the old Telmex monopoly and citizens would like to see better service and decreased prices. At the same time, Mexicans are adopting smartphones with a passion. Some are predicting that smartphones will have a 70% market share more »
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Mexico: A Look At 3 Companies in 3 Sectors
By Damian Illia - May 2, 2013 | Tickers: AMX, CX, GMK
Mexico has economic stability and a forecast for growth. It is competing with Brazil to become the economic darling of Latin America and is challenging China in manufacturing progress. The country’s steady economic growth, fiscal discipline and a stable currency is drawing investors' attention. Here are my top picks among Mexico's market.
Digging out
Cemex (NYSE: CX), one of the largest cement companies in the world, reported a more »
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It's Time to Follow Carlos Slim into his Company
By Anh HOANG - March 21, 2013 | Tickers: AMX, TEF, VZ
Carlos Slim, the world’s richest billionaire, has lost around $5.8 billion off his net worth since the middle of February, due to a significant drop in the market price of his company, America Movil (NYSE: AMX). Since Feb. 1, America Movil has decreased by nearly 34.5%, from $25.55 per share to only $19 per share. The significant decline in America Movil’s shares is due to more »
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A Contrarian View of América Móvil
By Leo Sun - March 20, 2013 | Tickers: AMX, TV, TEF
América Móvil (NYSE: AMX), the fourth largest telecom provider in the world, has been a popular target for bears lately, and for good reason. The Pan-American communications giant, founded by Mexican tycoon Carlos Slim, is facing an antitrust decision in Mexico that could break apart its vast empire, which has 261.6 million subscribers across 18 countries.
As a result, sellers have driven the stock down nearly 20% over the more » -
Carlos Slim Domit Talks Mexico & Beyond
By Nick Slepko - February 25, 2013 | Tickers: AMX, AMOV, GPOVY, MSFT
Carlos Slim Domit chair of Grupo Carso (NASDAQOTH: GPOVY) and co-chair of America Movil (NYSE: AMX)(NASDAQ: AMOV) talks about Mexico and beyond.
[continued from Carlos Slim Domit Discusses the Era of Access]
Slepko: By decade’s end, where do you see Grupo Carso and America Movil?
Slim Domit: That’s always a difficult question, especially when trying to predict anything in the telecommunications industry. I think our emphasis on more »
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Carlos Slim Domit Discusses the Era of Access
By Nick Slepko - February 25, 2013 | Tickers: AMX
Carlos Slim Domit chair of Grupo Carso and co-chair of America Movil (NYSE: AMX)(NASDAQ AMOV) outs global developments in perspective.
[continued from Carlos Slim Domit Shares Management Insights]
Nick Slepko: Your father is a great man. Are you? I ask because celebrity CEOs have become such an important part of investing for many in the US, but not so much in the rest of the world. Moreover, Warren Buffett more »
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Carlos Slim Domit Shares Management Insights
By Nick Slepko - February 25, 2013 | Tickers: AMX, AMOV
Carlos Slim Domit is the eldest son of Carlos Slim Helu and, now that his father has semi-retired to head up the family’s philanthropy, Slim Domit is the public face of one of the fastest growing business groups in world history. In addition to chairing the Grupo Carso conglomerate since 1998, he also became co-chair of America Movil (NYSE: AMX)(NASDAQ: AMOV) in 2010, and is an active board more »
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Check Out This Mexican Telecom Giant
By Daniel James - January 31, 2013 | Tickers: AMX, T, VZ
With GDP growth slowed to a crawl in many parts of the developed world, more and more investors are turning to emerging markets in order to realize greater capital appreciation. Mexico has been able to maintain GDP at a steady clip despite the global financial crisis, and is becoming an increasingly important player in the world economy. America Movil (NYSE: AMX), one of Mexico’s largest companies, appears to be more »
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America Movil Puts European Carriers to Shame
By Nick Slepko - January 2, 2013 | Tickers: AMX, TV, NIHD, TEF, VZ
Popular economist Tyler Cowen points out that Mexico is neither undercapitalized nor as developing as most other Latin countries. Nor is it so lacking in infrastructure that is goes directly and totally for mobile. Although, unlike its fellow North Americans, Mexico cannot afford to be lazy and rest on its fixed lines longer than is reasonable.
America Movil (Claro) (NYSE: AMX) has achieved 70% of the Mexican market because it more »
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America Movil: The Future King of the Telecommunications Hill
By Nick Slepko - December 31, 2012 | Tickers: AMX, CWC, CMGE, MIICF, TEF
Advances in telecommunications delivered by America Movil (NYSE: AMX) have been a major factor in dragging Peru into the ranks of one of the hottest emerging economies this decade. Colombians and Puerto Ricans can tell similar stories, and successes in troubled areas like Argentina and Ecuador paint a dynamic picture – especially when set against alternatives in Central America or the parts of the Caribbean still lacking an America Movil subsidiary more »
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Beware of Bureaucrats Bearing Reports – Debunking the OECD’s Bunk
By Nick Slepko - December 31, 2012 | Tickers: AMX, T, IRDM, MSFT, VZ
While investors know that official publications like the US jobs reports are often completely inaccurate documents which have totally degraded into short-term political tools, people still seem to fall for them every time. Just as with a corporation’s annual reports, human beings also produce government ones, and in both cases observers should take legendary investor Jim Rogers and accounting watchdog Francine McKenna’s advice and compare what they read more »
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Carlos Slim Better Than Buffett: Global Entrepreneur Yes, Local Monopolist Hardly
By Nick Slepko - December 31, 2012 | Tickers: AMX, BRK-B, GPOVY, TEF
Wrongly accused of being anti-competitive, the only monopoly the world’s richest man Carlos Slim has engineered is one on talent in Latin America – and while consumers are flocking to his enterprises for the savings, investors are reaping the rewards. Meanwhile, his political detractors use spurious calculations, opaque review processes, and unique definitions in the same way that new media companies and Chinese reverse mergers abuse accounting and other standards more »
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Why E*Trade and Other Investment Companies Are Likely to be Acquired by America Movil
By Alejandro Guillú - December 19, 2012 | Tickers: AMX, BUD, CNO, ETFC, FMX
The Problem
America Movil (NYSE: AMX) is the largest company in Mexico by revenue, profits, assets and market value.
With revenues of $47 billion only AT&T and 6 others are bigger. With profits of $5 billion only Vodafone and 4 others are more profitable. With assets of $67 billion only Deutsche Telekom and 8 others have more assets. With a market value of $93 billion only Verizon, Telefonica more »
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Growth and Recovery a la Mexicana
By Federico Zaldua - November 20, 2012 | Tickers: AMX, CX, FMX
Mexico has been going through an array of fundamental transformations, fueled by institutional and economic changes. As a matter of fact, the CAGR of its GDP per capita was 4.31% - one of the highest in Latin America – and the CAGR of private consumption between 1995 and 2011 was above 8.5%. The European crisis was not enough to pause Mexico's growth prospects: the IMF expects its GDP to more »
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