Early Signs of Stability in Mexico at America Movil in Q3; Shares Remain Undervalued
America Movil showed nice progress in several key areas during the third quarter, with the Mexican wireless market showing stability for the first time in two years. The gradual return to a healthy Mexican market is central to our thesis on Movil, including our narrow moat rating and $18 fair value estimate per ADR. Mexican wireless revenue across the industry remains far from what we view as sustainable over the long term, but stability during the quarter is certainly a welcome sign. The firm a...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.