Wal-mart de Mexico S A B de C V (ADR) (NASDAQOTH:WMMVY.PK)
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I am back on this as the economy continues to crash.(To be a double dip recession it would have had to go up at some point).
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(MS) looking for the Wal Mart brand to steamroll the existing Mexican marketplace.
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With continued growth this stock looks like a double and is still under the radar
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I bought CIFRA stock long years ago. I regret that I only bought $1000 worth. CIFRA became Walmart de Mexico and I wish I had purchased more. I will hold for the long term!!!!
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value buy
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wow this stock sounds SEXY! i want it i wish i had money to buy!
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GG pick. Good expectations for Mexico.
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It's Mal-mart is Mexico...they seem made for each other! Wal-mart provides the reliable quality and a price point that is a perfect fit for the Mexican market. They've already become Mexico's largest retailer in the short time they've been there. Q1 profits for 2008 are up 11% and net sales are up 14%, and EBITDA is up 17%. That's an indication of solid success in the Mexican market.
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Wal-Mart does well in difficult economic times, and situations. Plus, international stocks had a downturn recently, and are a great value pick.
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Well, Mexico is not as hard hit as U.S. and Walmart is known and cornered low price leader. I think this stock has been hyped already and I don't like P/E but believe it will be a winner for the next few months if the economy in Mexico is not hurt by US. So I'll go for an outperform.
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Mexico economy is booming and the desire for goods from America is great, Wal-mart is great at selling local goods in their stores along with all the American best sellers...prices stay low.
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Growing faster that the big guy in the good old US of A. They really cater to the local audience and keep those low prices.
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School sales going on now.
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With Mexico growing, land deals and construction, consumers will need to fill there new homes with consumer goods.
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