América Móvil (AMX) Benefits From Latin America Telecom Pricing Power

América Móvil SAB de CV (NYSE:AMX) ranks among the best telecom stocks to put in. On December 11, Bank of America Securities began sum of América Móvil SAB de CV (NYSE:AMX), standing it Neutral and mounting a $26 terms people connected the company’s shares. The steadfast stated that Latin American telecommunications entered a affirmative play successful 2023-2024, with superior expenditures relaxing pursuing 5G investments and manufacture consolidation strengthening pricing power.

BofA Securities noted that improved currency procreation successful the manufacture has resulted successful accrued dividends for investors, a signifier that benefits telecoms companies passim Latin America. América Móvil SAB de CV (NYSE:AMX) represents this trend, having paid dividends for the past 25 years.

Furthermore, connected December 19, América Móvil SAB de CV (NYSE:AMX) strengthened its grip connected broadcasting the Olympics successful Latin America, maintaining rights successful 16 regions successful an statement that extends done and includes the Brisbane 2032 games.

The caller statement covers events similar the Winter Olympics successful 2026 (Milano Cortina) and 2030 (French Alps), the Summer Olympics successful 2028 (Los Angeles) and 2032 (Brisbane), and the Youth Olympic Games passim the aforesaid clip period.

América Móvil SAB de CV (NYSE:AMX) is simply a large Mexican telecommunications institution that specializes successful communications, accusation technology, and integer content. It is 1 of the largest mobile web operators successful the satellite and it offers its products and services successful 22 countries crossed Latin America and Europe.

While we admit the imaginable of AMX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.