All in all, Mexico’s FEMSA (FMX)
continues to perform relatively well, though there has certainly been a
sharper distinction lately between the strong performance of the retail
operations and the lackluster-to-disappointing results of Coca-Cola FEMSA (KOF).
With improved profitability in the drugstore business, a good long-term
growth plan for the core OXXO operations, and opportunities for
Coca-Cola FEMSA to do better, I continue to believe this is a good core
holding for investors who want exposure to Mexican/Latin American
consumers.
Read the full article here:
A Tale Of 2 FEMSAs
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