$48.57 -0.26 (-0.53%)
12/3/2009 4:00 PM

America Movil S.A.B de C.V. (ADR) (AMX)

CAPS Rating: 5 out of 5

The Company is a provider of wireless communication services in Latin America based on subscribers.

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Member Avatar HatchingPlans (99.59) Submitted: 6/3/2008 1:52:57 PM : Outperform Start Price: $64.78 AMX Score: -1.15

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!

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Member Avatar Charles212 (46.13) Submitted: 6/5/2008 11:22:53 AM
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Yes!!! I "ve owned AMX for a few years. Can't go wrong with this one. Chuck

Member Avatar Charles212 (46.13) Submitted: 6/5/2008 2:32:31 PM
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I like AMX too. I have it for a few years.

Member Avatar HatchingPlans (99.59) Submitted: 6/5/2008 6:03:26 PM
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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%...

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