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America Movil, S.a.b. De C.v. (AMX) [hlAlert]

Rating:
Buy AMX
down 27.42 %

America Movil, S.a.b. De C.v. (AMX) rated Buy

Posted on: Monday,  Jan 21, 2008  9:43 PM ET by Barrons 24 Stocks Worth Buying

Barrons 24 Stocks Worth Buying rated Buy America Movil, S.a.b. De C.v. (NYSE: AMX) on 01/21/2008, when the stock price was
$25.47. Since then, America Movil, S.a.b. De C.v. has lost 27.43% as of 08/27/2015's recent price of $18.48.
If you would have followed this Barrons 24 Stocks Worth Buying's recommendation on AMX, you would have lost 27.42% of your investment in 2775 days.

America Movil S.A.B. DE C.V. (America Movil) is a provider of wireless communications services in Latin America. As of December 31, 2008, it had 182.7 million subscribers in 17 countries. Through Radiomovil Dipsa, S.A. de C.V., which operates under the name Telcel, the Company, provides mobile telecommunications service in all nine regions in Mexico. As of December 31, 2008, Telcel had 56.4 million subscribers in Mexico. The Company operates in Brazil through its subsidiaries, Claro S.A. and Americel S.A. (Americel), under the unified brand name Claro. Its network covers the main cities in Brazil, including Sao Paulo and Rio de Janeiro. The Company provides wireless services in Argentina, Paraguay, Uruguay and Chile. America Movil provides wireless services in Colombia under the Comcel brand. It also provides fixed-line and wireless services in Guatemala, El Salvador, Nicaragua and Panama. In August 2008, the Company acquired 100% interest in Estesa Holding Corp.

What bear market? Barrons investments pros find 24 stocks to buy in 2008, in a multitude of sectors. Included in these recommendations, Barrons recommend to BUY: DYHOL.Turkey Dogan Yayin, BISA3.Brazil, III.UK 3i Group, NFDS.UK Northern Food, FKI.UK FKI, VIV.France Vivendi, and RI.France Pernod Ricard. Also recommend to short (SELL): British Pound
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/21/2008 4:00 PM Buy
1 year
25.47
as of 12/24/2008
1 Week up  5.39 %
1 Month up  12.51 %
3 Months up  19.39 %
1 YTD down  -44.60 %

(*) Stock Price at the time of the recommendation.
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