CAAP - Corporacion America Airports: Tariffs Won't Derail This Growth Story
2025-04-28 14:01:13 ET
Summary
- Latin America appears to be a relative safe haven amid the current tariff storm.
- Argentina's Corporacion America Airports has been putting up increasingly good traffic figures to start 2025.
- Q4 earnings missed expectations, but that was due to one-time factors. I expect 2025 to be a record year for the company.
- Shares are too cheap at 10x earnings and 6x EBITDA for a firm growing the top-line at a double-digit rate.
The global trade war took the shine off a lot of stocks over the past quarter. However, there's been a stealth bull market emerging in certain overseas stocks. Latin American equities, for example, have significantly outperformed so far in 2025....
Corporacion America Airports: Tariffs Won't Derail This Growth Story