CPAC - Cementos Pacasmayo : Potential Vehicle To Access Peru's Economic Rebound
2024-04-15 19:09:39 ET
Summary
- Equities in Peru have outperformed emerging markets, with the market poised to benefit from increased copper demand.
- Cementos Pascamayo (CPAC) may be a solid investment opportunity due to a short-term sell-off.
- Peru's economy is bouncing back, supported by a manufacturing rebound in China and the US, which could boost copper demand.
Opportunity Overview
Equities in Peru have massively outperformed emerging market equities in the past year. Growth has recovered substantially, and the market could benefit from increased copper demand from economies like the United States and China. Peru may be one of the better ways to gain access to emerging markets this decade....
Cementos Pacasmayo : Potential Vehicle To Access Peru's Economic Rebound