Thursday, August 3, 2017

FEMSA Plugging Away With Its Empire-Building

FEMSA (FMX) has gotten tossed around a bit since my last update, as this large Mexican consumer products conglomerate has weathered a rattled Mexican stock market (and currency) as well as more company-specific concerns about volumes and margins. Still, the shares are up a bit over that period and still offer a little upside for patient long-term shareholders. As I said in that prior piece, the valuation isn't at a can't-miss level (or at least for investors with shorter investment horizons), but the long-term potential of this company makes it worth considering on the pullbacks.

Continue here:
FEMSA Plugging Away With Its Empire-Building

No comments: