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Alex Hay

$0.33
Houston, TX
12/14/07
$742,322.17

9
12/14/07
-14.6%
-25.8%
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Stock Pick by Alex Hay

FMX: FMX is a Powerhouse ready for bad winds

Start trading FMX with real money!

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Posted 664 days ago on 1/27/08

FMX will go UP
$55.00 on 1/27/08
$43.52 (23.46% from time of market call)

FMX is a powerful beverage company in Mexico. This stock initially went up after Bill Gates picked up a big piece of it in December, but has since come down along with the market. But this is a stock that should withstand a slow down very well, and will go up when the Mexican market does. They not only have their own powerful brands in the beer and non-alcoholic beverages market, but they also distribute Coca-Cola products as well. In addition they have a powerful presence in the convenience store market through their Oxxo stores found throughout Mexico (if you are driving through Mexico and need a clean bathroom and modern store, it is probably an Oxxo you will end up in). Like many Mexican companies, they are not just powerful in their core market, but they are also vertically integrated. They help other companies with their production and logistics of products as well. This stock has growth potential as well as a income stream as it pays a dividend at close to 2%.

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