America Movil SAB de CV ADR - Series B
AMX: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$18.00 | Xtclsj | Gqqytmphls |
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.