Lan Airlines S.A. (ADR)
Chile, despite being recognized as Latin America’s most advanced economy with the region´s lowest level of economic and political risk, has been largely ignored by investors. This has occurred because the investment media has focused on proclaiming that Brazil, Colombia and Peru are the sexiest investment hot spots in Latin America. But as I will explain it is an emerging market that is certainly worthy of more attention more »
These are three very different Latin American companies that are in the eye of every investor these days. Latin America’s growth has slowed down over the past couple of years, but this year the region seems to be headed for a higher growth, as could these Latam firms.
Diversification is the best defense against global uncertainty. Living abroad, that is one truth that I have come to appreciate more and more. With so much uncertainty in Europe and the rest of the world, we sometimes forget that truth. In these times of uncertainty, many investors seek the safety of good US companies, avoiding the rest of the world completely. Diversification means more than just different sectors of the US economy. Diversification also means foreign companies that will protect your portfolio from domestic risk.
Airlines are widely considered one of the toughest industries to invest in, and for good reasons: a very aggressive competitive landscape, overcapacity in many sectors and cost pressures from fuel and other factors have brought many well known airlines to an almost disastrous situation. This kind of scenario, however, is where opportunities to buy high quality companies at attractive valuations usually surge due to excessive investor pessimism.
Alaska Air Group more »