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home / news releases / OCDDY - FEMSA Remains Meaningfully Undervalued On Post-Pandemic Normalization


OCDDY - FEMSA Remains Meaningfully Undervalued On Post-Pandemic Normalization

  • FEMSA had a modestly better than expected fourth quarter, as business trends improved from the third quarter despite renewed restrictions in December.
  • The launch of the spin digital wallet product by OXXO could have a meaningful impact on the business given the sheer volume of financial transactions OXXO handles.
  • Management is shifting the OXXO store base some, but still planning significant growth in 2021 both in and out of Mexico.
  • FEMSA ADRs look undervalued below $90.

For further details see:

FEMSA Remains Meaningfully Undervalued On Post-Pandemic Normalization
Stock Information

Company Name: Ocado Group Plc Hatfield ADR
Stock Symbol: OCDDY
Market: OTC
Website: ocadogroup.com

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