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PAC - Grupo Aeroportuario Del Pacifico: Well Above-Average Company Currently At Below-Average Prices
Grupo Aeroportuario Del Pacifico S.A. B. de C.V. de C.V.
Investment Thesis
Grupo Aeroportuario del Pacifico (referred to as "GAP" here on) (PAC) is a leading Mexican airport operator. We view Mexican air travel as an attractive space and GAP as a key winner in the space. We like the diversification of the company’s airports and revenues and its growth strategy. We love its financials and execution track record. We recommend investors buy GAP shares, as we think continued growth will bring share price appreciation.
GAP Announced a Decent Quarter
GAP recently announced its Q2 FY19 results, which showed an operation nicely tracking