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

Rating:
Underweight
AMX
down 23.16 %

America Movil, S.a.b. De C.v. (AMX) rated Underweight with price target $23 by Thomas Weisel

Posted on: Tuesday,  Apr 7, 2009  8:25 AM ET by Thomas Weisel

Thomas Weisel rated Underweight America Movil, S.a.b. De C.v. (NYSE: AMX) on 04/07/2009, when the stock price was $14.20.
Since then, America Movil, S.a.b. De C.v. has gained 30.14% as of 08/27/2015's recent price of $18.48.
If you would have followed this Thomas Weisel's recommendation on AMX, you would have lost 23.16% of your investment in 2333 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.

At Thomas Weisel Partners, the role of Research is to contribute to our clients' decision process in ways that lead to better investment decisions. We cover the key growth sectors of the economy including Consumer, Energy, Financial Services, Healthcare, Internet, Media & Telecom, Metals & Mining and Technology.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/7/2009 8:25 AM Sell
None
14.20 11.50
as of 12/31/2009
1 Week down  -22.52 %
1 Month down  -20.64 %
3 Months down  -33.17 %
1 YTD down  -105.52 %

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