India Shares Investment Blog » AMX

America Movil: Time to Take Some Profits?

Joseph Lazzaro — Fri, 18 Mar 2011 22:30:00 +0000

Filed under: Stocks to Sell, Stock Picks

The stock chart of Latin American wireless provider America Movil SAB de CV (AMX), first discussed here on June 24, 2009 at a price of $36.47, appears to have formed a double-top near $60 -- a bearish pattern -- hence those in at/near $36 may wish to consider taking some profits.

However, other investors who can tolerate the risk can maintain their full position in AMX, as longer-term, two to three years out, as new business titan America Movil has a bright future.

In 2011, AMX will likely post 20-25% revenue growth in 2011, following a fantastic 31% surge in 2010. Improving performance in two, key markets -- Brazil and Mexico -- will continue to support revenue growth in 2011. Subscriber growth should remain in the strong 6-8% range, in 2011, with margins dipping slightly, on intensifying competition.

Continue reading America Movil: Time to Take Some Profits?

America Movil: Time to Take Some Profits? originally appeared on BloggingStocks on Fri, 18 Mar 2011 17:30:00 EST. Please see our terms for use of feeds.

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Has America Movil Formed a Double-Top Near $60?

Joseph Lazzaro — Tue, 18 Jan 2011 20:30:00 +0000

Filed under: Stocks to Sell, Stock Picks

The stock chart of Latin American wireless provider America Movil SAB de CV (AMX), first discussed here on June 24, 2009 at a price of $36.47, appears to has formed a double-top near $60 — a bearish patter — hence those in at/near $36 may wish to consider taking some profits.

Longer-term, America Movil remains a new business titan with a bright future. In 2011, AMX will likely post 20-25% revenue growth in 2011, following a likely 30% rise in 2010. Improving performance in two, key markets — Brazil and Mexico — continue to support revenue growth. Subscriber growth should remain in the strong 6-8% range in 2011, with margins dipping slightly.

Continue reading Has America Movil Formed a Double-Top Near $60?

Has America Movil Formed a Double-Top Near $60? originally appeared on BloggingStocks on Tue, 18 Jan 2011 15:30:00 EST. Please see our terms for use of feeds.

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Investing in Cuba: 11 Plays on an ‘Untapped Opportunity’

Steven Halpern — Sun, 31 Oct 2010 15:00:00 +0000

Filed under: International Markets, Newsletters, Stocks to Buy

"As soon as it is possible to do so, several North American companies are likely to move quickly to enter Cuba, the greatest untapped opportunity remaining in the western hemisphere," says Jim Powell.

Here, the editor of Global Changes & Opportunities looks at what he believes are the best investment opportunities for investing in Cuba, should such a change occur.

"In August, Raul Castro announced that 500,000 public workers in Cuba will be laid off and will need to find jobs in newly-legalized small private enterprises.

Continue reading Investing in Cuba: 11 Plays on an 'Untapped Opportunity'

Investing in Cuba: 11 Plays on an 'Untapped Opportunity' originally appeared on BloggingStocks on Sun, 31 Oct 2010 10:00:00 EST. Please see our terms for use of feeds.

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America Movil: Cell Phone Star of the Americas

Joseph Lazzaro — Tue, 19 Oct 2010 19:00:00 +0000

Filed under: Stocks to Buy

High-profile Latin American wireless service provider America Movil SAB de CV (AMX), first mentioned here on June 24, 2009, at a price of $36.47, has broken out of a summer-long trading range, and I obviously still like the shares here.

America Movil remains a new business titan with promise. In 2010, AMX will likely post 7% to 9% revenue growth, followed by 10% to 12% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9% to 11% range in 2010, and margins will likely increase slightly.

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America Movil: Cell Phone Star of the Americas originally appeared on BloggingStocks on Tue, 19 Oct 2010 14:00:00 EST. Please see our terms for use of feeds.

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America Movil: Promising Latin American Wireless Play

Joseph Lazzaro — Tue, 15 Jun 2010 21:30:00 +0000

Filed under: Stocks to Buy

High-profile Latin American wireless provider America Movil SAB de CV (AMX), first discussed here on June 24, 2009 at a price of $36.47, has weathered the market’s recent gyrations very well, and I obviously still like the shares here.

America Movil remains a new business titan with promise. Look for America Movil to post 10-12% revenue growth in 2010, followed by 11-14% revenue growth in 2011, led by improving performance in two, key markets: Brazil and Mexico. Subscriber growth should remain in the strong 9-11% range, in 2010, and margins will likely increase slightly.

Continue reading America Movil: Promising Latin American Wireless Play

America Movil: Promising Latin American Wireless Play originally appeared on BloggingStocks on Tue, 15 Jun 2010 16:30:00 EST. Please see our terms for use of feeds.

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Latin America – Mexico – America Movil – América Móvil – Business