2024-07-19 08:08:02 ET
Summary
- America Movil has seen resilient revenue growth in spite of currency headwinds.
- Growth in customer lifetime value has also been impressive.
- I take a bullish view on America Movil.
Investment Thesis: I rate America Movil as a buy.
In a previous article back in October, I made the argument that America Movil ( AMX ) has good prospects for upside going forward, on the basis of strong LTV trends as well as a reduction in long-term debt....
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For further details see:
America Movil: Strong LTV Growth And Encouraging 5G Growth Prospects