Published on 21 Nov 2022 on Zacks via Yahoo Finance
Here's Why America Movil (AMX) Stock is a Solid Bet Now
America Movil’s AMX investors may consider adding this stock to their portfolio to tackle the current macroeconomic and geopolitical uncertainties and benefit from its solid fundamentals and growth prospects.
Let’s look at the factors that make the stock an attractive pick:
Shares Outperformed: Wall Street is facing extreme volatility due to macroeconomic factors such as rising inflation and interest rate hikes by the Federal Reserve, the ongoing Russia-Ukraine war, increased crude oil prices and lingering supply-chain woes.