America Movil SAB de CV ADR - Series B

AMX: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$18.00XtclsjGqqytmphls

America Movil Posted Solid Second Quarter Results Despite Growing Economic Pressure

America Movil reported solid second-quarter results overall amid increasingly challenging economic conditions. The Brazilian wireless business was particularly strong, a welcome sign with the Oi asset acquisition closing recently. Our fair value estimate remains $21, and we believe the stock is roughly fairly valued.

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