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

Rating:
Buy AMX
down 32.72 %

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

Posted on: Saturday,  Jan 26, 2008  11:36 PM ET by THE ZACKS TOP 10 of 2008 revealed

THE ZACKS TOP 10 of 2008 revealed rated Buy America Movil, S.a.b. De C.v. (NYSE: AMX) on 01/16/2008, when the stock price
was $27.47. Since then, America Movil, S.a.b. De C.v. has lost 32.73% as of 08/27/2015's recent price of $18.48.
If you would have followed this THE ZACKS TOP 10 of 2008 revealed's recommendation on AMX, you would have lost 32.72% of your investment in 2780 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.

Zacks Top 10 Stocks for 2008 are based on the the following: Stock #1: Biopharmaceutical giant on a growth spurt. Several recent government approvals have already jump-started sales and earnings growth. One of the company’s drugs may soon be approved to treat a second disease. Stock #2: Food company feeds on higher prices. This market leader has pushed through price increases, and looks ahead to annual double-digit growth for fiscal 2008. Stock #3: Electronics firm with shining prospects. They’re cashing in on the silicon shortage by supplying companies that make solar panels. Already they have more than $15 billion in orders over the next 10 years. Stock #4: Chinese power company becomes more powerful. They increased power generation by double digits in a country that’s thirsting for consumable energies. Stock #5: Video game seller to win big. Now is the time to own this stock. Profits from next-generation video game systems are expected to pour in for at least the next two years. Stock #6: Beverage bottler toasts the future. This is the first full year the company will offer its recently acquired water franchise. They’re continuing to diversify for greater growth and earnings. Stock #7: Chemical producer finds formula for growth explosion. Emerging Asian markets are accelerating the demand for their chemical products. A new plant will help them ramp up production. Stock #8: Supplier to oil companies fueled by high prices. Recently, this brilliantly run firm acquired a competitor that broadens their already varied product line as well as their geographical footprint. Stock #9: Industrial-strength supplier engineers dynamic growth. Strong margins, geographical diversification, and great management make for a winning combination. Stock #10: Wireless carrier wires into new revenue sources. Already established in developed markets, they’re targeting emerging markets for mega-gains in 2008. And they pay a healthy dividend.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2008 4:00 PM Buy
1 year
27.47
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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