Latin America was one of the main beneficiaries of the commodity and credit boom of the last five years. As a result, the region has been hit hard by the collapse in both this year. Emerging markets expert Irwin Greenstein says some Latin markets remain high risk for investors. But Brazil and Mexico should recover strongly when global markets stabilize.
Mexico’s Cemex (NYSE: CX) has lost 75% of its value in one year. But emerging markets expert Irwin Greenstein says the company is like the IBM of cement. And a new public-works stimulus package from the government should breath new life into business activities. Irwin says Cemex is approaching the bottom… and could soon become a great contrarian buy
Mexico’s benchmark IPC stock index (MXX) may be one of the safest places to invest now, says Irwin Greenstein, writing for Contrarian Profits. The index has been down 3.2% since the beginning of September. But geopolitical turmoil could buffer the MXX from suffering as much as other emerging market indexes in coming months.
Soaring sales of Apple’s iPhone 3G in Latin America reveal an investment opportunity with one of the most overlooked telecom providers in the world. America Movil (NYSE: AMX) already has a waiting list of consumers waiting to buy the Apple iPhone 3G — indicating that strong future sales could propel the Latin American carrier to new highs.
The latest news from the US Census Bureau is a compelling argument for investing in Hispanic TV, says Irwin Greenstein.
Unless you’re a Spanish speaker, you probably don’t realize how much Spanish programming dominates the American airwaves. If you did you’d probably be pretty well off by now. But it’s not too late…
Because if you don’t have Hispanic media in your portfolio, today’s depressed prices could make this the perfect time to tune in for a long upside potential.
US stocks haven’t exactly been putting in stellar performances lately. But that’s not the case for emerging market stocks. Taipan Emerging Markets blog editor Irwin Greenstien’s Emerging Market Index is up 9.3%. That’s after 5% gains last week…
Is Mexico’s oil industry on the way out? Is there still money to be made from it? Dave Gonigam thinks there is. But the country will need a lot of outside investment to find its untapped oil.