Even for many analysts, domestic consumption is what is holding the fortress on the growth of economies. That is what they are perceiving large retail chains in the region that are taking advantage of the moment to expand regionally and grow (at the time that helps them diversify risks to diversify investments territorially). I have already commented about the Chilean Cencosud (IPC:CENCOSUD) and its regional expansion plan. Something similar has been doing another Chilean company: Falabella which made investments during 2007 for US $600 million and announced an investment plan for the other $2 billion (already has investments in Argentina, Chile, Peru and Colombia). Penny Stocks Latam now in Spanish cheap actions that analysts will not reveal it.
During the last year and a half, one of the strings of most profitable shares of Wall Street could have converted U$ S 200 u $S 9.4 million. I will show you how in one second. I am referring to the actions that are not mentioned in the stock programs that never appear in The Wall Street Journal or Investor s Business Daily and those by which your stock agent would prefer to die before telling it to you (because you want them for your own portfolio!). Click here to continue reading. -At the end of the week just ended, the Grupo Elektra (BMV:ELEKTRA) – the greater Mexico-Electronics retail chain, shook the market with the news that will invest about US $2 billion during the next five years to open 1,500 stores in Brazilian territory (where just a few weeks, inaugurated its first branch). Elektra would thus open 300 branches per year in Brazil (which will also include its financial subsidiary Banco Azteca). Why choose Elektra to Brazil? do does need to say it? for the Elektra Chairman, Ricardo Salinas Pliego, (Brazil) is an enormous market with many needs.
It is probably greater than Mexico for us in the next five to 10 years. The prospects for growth in earnings that opens to the Grupo Elektra with this ambitious expansion plan make their actions to gain attraction. But they already had attractive if one looks at the financial indicators of the same, with a good profitability (ROE 38.6%), a good P/E (of 12.22) and a low volatility (a beta of 0.58). I believe that actions of the Grupo Elektra are attractive to have in an investment portfolio. Perhaps in the short term, the international crisis reaches have some impact on Latin American economies will have to wait a little longer to find out what it seems it is clear, and they are showing these companies and others with strong investments in the region, is that the prospects of domestic in Latin America are more than auspicious. You will find us again tomorrow, Horacio Pozzo Autor original and source of the article.