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$16.86 -1.36 (-7.46%)
10/10/2008 4:02 PM

Grupo Aeroportuario del Pacific S.A.B (ADR) (PAC)

CAPS Rating:
*****

The Company manages, operates and develops airport facilities, mainly in Mexico's Pacific Region.

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Avatar ResearchLover (< 20) Submitted: 6/30/08 11:56 AM : Outperform Start Price: $29.27 PAC Score: -11.18

Technical buy, calling a soft bottom and a 10% bounce. This downward momentum is pushing up against book value. And the world doesn't have to revolve around the US. Surely some increase in airport traffic will come from latin america, where economic outlook, and spending power are on the up and up, versus the US. It wouldn't hurt if a correction in oil back under $135 were just as likely as not to occur. But that's in the realm of speculation.

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