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OMAB - Centro Norte: The Easy Money Has Been Made But The Long-Term Thesis Still Holds
Grupo Aeroportuario del Centro Norte S.A.B. de C.V.
The shares of Grupo Aeroportuario del Centro Norte ("OMAB") have bounced back in spectacular fashion since the March trough, with the company proving its resilience.
OMAB's business is yet to fully recover, though. We discuss some catalysts that should determine price action (positive or negative) in the next few months.
For investors with a long-term horizon, the growth story remains intact, driven by powerful macro trends.