Movil Ended 2017 on Wireless Strength in Core Markets and Solid Profitability; Shares Fairly Valued
America Movil continued to benefit from further wireless recovery in Brazil and Mexico, where the firm booked strong postpaid wireless customer gains and saw solid growth in pricing. The firm posted continued top-line growth in all markets except the Caribbean and the U.S. As our thesis of sustained recovery in both markets is playing out, we reiterate our narrow moat rating on its continued strength in most of Latin America. As we have accounted for such developments in our projections, we are ...
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.
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