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NYSE:FMX

74.28
0.19 (0.26%) 1d
0
Showing 1 to 15 of 36 entries
PARTIAL BUY
Their Mexican consumer discretionary, owning gas stations, pharmacies and convenience stores across Latin America, and hold an interest in Heineken beer. He has owned this since 2000. The only things holding this stock back are the decline in the Peso and the huge outbreak in Latin America. So, people aren't filling up their gas tanks or buying as much from pharmacies. The dividend of 2.4% is safe. It's an ADR in US dollars. The payout will remain the same, but will fluctuate with the Peso. The stock is down 35%. Hang on and see if COVID cases decline. He has limit orders in place. You can do a half-position and now and see what happens, but the stock is expensive now. Play defence.
food processing
BUY

Largest Coca-Cola bottler in Latin America. Owns Heineken shares and owns the Oxxo store chain. Has added gas stations to their Oxxo stores. Doing well on a fundamental basis, but they're getting hurt by low pesos and global slowdown. Latin America usually gets hit first.

food processing
PAST TOP PICK

(A Top Pick June 7/16. Down 2.69%.) A perfect example for these 3 past Top Picks to be able to take advantage in the fall, for buying more of them to dollar cost average. With the Trump victory, the peso was getting crushed. Unfortunately, this company went down with it, simply because it was Mexican, even though they don’t do any business in the US. They are the Coca-Cola bottler outside of the US. They have OXO convenience stores and gas stations, and have gone into pharmacies all through Mexico, Latin America and south America. Their earnings are good, they are still opening gas stations, and have about 20,000 OXO stores, and now are adding gas pumps with them. Earnings are growing at a fairly decent clip.

food processing
PAST TOP PICK

(Top Pick Oct 5/16, Down 12.52%) He sold it as it approached $100, as he had said to do. This is the most fun, easy way to trade. It is a Peso play. It is ideal in the low $80s. He is waiting to see if the Peso confirms the uptrend and then he would buy it.

food processing
TOP PICK

It is a trading stock. He bought around $89 and expects to sell it around $100. There is a really well defined trading range. It is a good looking trade.

food processing
PAST TOP PICK

(A Top Pick June 7/16. Up 0.45%.) Not just Coca-Cola. They have convenience stores under the Oxo brand, and have been buying pharmacies in both Mexico, Latin and Central America. Have also been buying gas stations.

food processing
TOP PICK

The largest Coca-Cola bottler in Latin America, Mexico and the Philippines. They have been moving away from that low margin business and have 15,000 Oxo brand convenience stores and are attaching gas stations to them. Have started to buy pharmacies in Colombia and Chile. Earnings are starting to turn around because there is margin expansion. Dividend yield of 1.42%.

food processing
BUY

Emerging markets? Probably has just under 10% of emerging markets in his portfolio. One area he likes in emerging markets is Mexico, and this is a stock that he likes. Its main asset is Coca-Cola bottling in Latin America and the Philippines. Also, has convenience stores that have been growing double digits per annum, with a very high return on equity. Dividend yield of 1.5%.

food processing
BUY

Feels political situation in Mexico is improving. Government is focused on trying to provide growth in the economy to offset the drug trade. Stock hit a high at about $120 and started to fall back for a few reasons. Storms in September hurt their 3rd-quarter earnings and flooding pretty well stopped consumer spending. Government wants to initiate a doubling of the sugar tax and this one is the Coca-Cola bottler of Femsa, Coke and sports drinks throughout Mexico, Latin America and South America. Also, own the Oxo convenience stores. Have also been buying pharmacies. Sold their beer assets 5 years ago. Because the cash is not been expended, the dividend from 2009 has gone from $.36 to $1.64.

food processing
TOP PICK

A bottler of Coca-Cola in Mexico, Latin America, South America and they just bought the Philippines operation. Also, owns the convenience stores under the Oxo brand in Mexico so they own the shelf space. A monopoly and this is where pricing power comes into play. Mexico has a young population that, instead of drinking water, they are drinking soft drinks. Dividend has been rising at a 30% clip for the last 5 years.

food processing
TOP PICK
Coca Cola bottler for Latin and South America as well as convenience stores. Good growth rate in Latin and South America. Population is much younger so there will be growth in sales. Try to Buy at under $50. 1.15% yield.
food processing
PAST TOP PICK
(A Top Pick May 8/08. Up 46.62%.) Sold their beer assets so are now left with Coca-Cola bottler and convenience stores, the high margin business. Would consider buying in the low $40's. 1.4% dividend.
food processing
TOP PICK
The largest bottler and distributor of Coke products throughout Latin America and South America. Sales and profits were up about 20% in Brazil in the last quarter. They also own a lot of convenience stores throughout Mexico. They are also 50% of the beer market in Mexico. A play on the demographic/economic growth in Latin America.
food processing
BUY on WEAKNESS
(Market Call Minute.) Coca-Cola bottler and beer maker out of Mexico/Latin America. Of all the beverage makers he feels this is the best. $40 would be the entry point.
food processing
TOP PICK
A Mexican conglomerate. Emerging markets have been disproportionately hit in the sell off of the last few days.
food processing
Showing 1 to 15 of 36 entries

Fomento Economico Mexican(FMX-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Fomento Economico Mexican is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Fomento Economico Mexican(FMX-N) Frequently Asked Questions

What is Fomento Economico Mexican stock symbol?

Fomento Economico Mexican is a American stock, trading under the symbol FMX-N on the New York Stock Exchange (FMX). It is usually referred to as NYSE:FMX or FMX-N

Is Fomento Economico Mexican a buy or a sell?

In the last year, there was no coverage of Fomento Economico Mexican published on Stockchase.

Is Fomento Economico Mexican a good investment or a top pick?

Fomento Economico Mexican was recommended as a Top Pick by on . Read the latest stock experts ratings for Fomento Economico Mexican.

Why is Fomento Economico Mexican stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Fomento Economico Mexican worth watching?

0 stock analysts on Stockchase covered Fomento Economico Mexican In the last year. It is a trending stock that is worth watching.

What is Fomento Economico Mexican stock price?

On 2022-05-20, Fomento Economico Mexican (FMX-N) stock closed at a price of $74.28.