$48.57
-0.26 (-0.53%)
America Movil S.A.B de C.V. (ADR) (AMX)
CAPS Rating:
The Company is a provider of wireless communication services in Latin America based on subscribers.
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For those of you not in AMX yet... This is a really good time to buy a really good stock.
About a month ago they plummeted because of a missed earnings report. Lots of people got unnecessarily scared and got out, giving a solid price. Well, they missed that earnings report because they are upgrading their networks. This is a good thing. At this point, they should have a more powerful wireless EDGE network than AT&T or Verizon... And with all these talks of an iPhone startup, that would mean exclusive rights to sell a hot phone in a hot market, with probably the best wireless internet network in the world.
Plus, they're a big stable company with solid growth and a lot of untapped customer potential. Check it out!
Yes!!! I "ve owned AMX for a few years. Can't go wrong with this one. Chuck
I like AMX too. I have it for a few years.
Yeah AMX is nice. If you want a good timeless pitch about the company, read the one by MadMykl... that'll explain why it's a good long-term investment. it was top bull pitch for a long time...Basically, here we have an awesome time to buy an awesome company. It's one of those buy and hold safely opportunities that should net around 30% a year or so on average, give or take 10%...