Another good latin american play, for those looking for a Latin American play ... might be
Panamerican Beverages (PB). PB is the second largest Coke bottler in the world, with coke and beer operations in Mexico, Brazil, Venezuela, Costa Rica, and a few other LA countries. The company has grown 20% annually for about 20 years.
I am somewhat familiar with Latin America and my strategy in picking stocks like TBR, Cifra and PB is to find companies very early in their growth phase, in relation to similar US companies, and hold on to them as Latin America grows.
Cifra is the Wal-Mart of Mexico, TBR is the best telco play in a country that will see tremendous telco growth over the next 10 years, and PB is the best positioned bottler to sell coke, other coke products, AND BEER, to all those millions of people. |
