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

hondo928 (99.82) Submitted: 11/29/07 12:49 AM : Start Price: $47.54 AMX Score: 23.42

The pull back from 68 could be a good entry point while in the short-term due to market uncertainty it could fall further this monster of a company should steadily outperform, a P/E of 22 for such a heavy growth company, is a great deal, not to mention a solid dividend. This company is almost the size of Verizon and fundamentally extremely similar the difference being they are in emerging markets with heavy growth, 141 Million subscribers is only scratching the surface. I'm not considering adding a real-life position because I have so much international exposure already, so I don't know what their intentions might be, but perhaps they may be a company that could try taking over say Qwest or Sprint, if they wanted to go that way. Right now they lack the Cash for that sort of deal, but with 30 Billion in Revenues perhaps they aren't to far off from doing so especially if the dollar continues to weaken.

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