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15 handpicked stocks

Mexico's Stable Rise

Mexico's economy is showing impressive signs of stability with a narrowing current account deficit. This collection features companies set to thrive from a potentially stronger peso, increased consumer spending, and renewed investor confidence in Mexico's economic future.

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Han Tan | Market Analyst

Updated 3 days ago | Published at जून 30

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

FMX

Fomento Económico Mexicano, S.A.B de C.V

FMX

Current price

$84.54

As the operator of OXXO convenience stores and a major Coca-Cola bottler, Fomento Econmico Mexicano is a direct beneficiary of increased consumer spen...

As the operator of OXXO convenience stores and a major Coca-Cola bottler, Fomento Econmico Mexicano is a direct beneficiary of increased consumer spending power resulting from greater economic stability.

KOF

Coca-Cola FEMSA S.A.B de C.V.

KOF

Current price

$83.09

Coca-Cola FEMSA's performance is closely tied to consumer demand in Mexico; a stronger economy and peso would likely boost sales and improve profit ma...

Coca-Cola FEMSA's performance is closely tied to consumer demand in Mexico; a stronger economy and peso would likely boost sales and improve profit margins on imported materials.

CX

CEMEX, S.A.B. de C.V.

CX

Current price

$8.65

As a leading global cement and building materials company based in Mexico, CEMEX stands to gain from increased construction and infrastructure project...

As a leading global cement and building materials company based in Mexico, CEMEX stands to gain from increased construction and infrastructure projects fueled by heightened investor confidence.

About This Group of Stocks

1

Our Expert Thinking

Mexico's reduced current account deficit (now $12.6 billion) signals improved economic stability and fiscal health. This creates an attractive investment opportunity in companies that directly benefit from a strengthening peso, increased domestic consumption, and a more favorable business environment.

2

What You Need to Know

This collection focuses on domestically-oriented Mexican businesses spanning consumer goods, beverage production, building materials, and infrastructure. These sectors are well-positioned to capitalize on Mexico's economic improvements through increased consumer spending and renewed investor confidence.

3

Why These Stocks

These companies were carefully selected for their direct exposure to Mexico's improving economic landscape. The portfolio includes established leaders in consumer staples, industrials, and infrastructure that stand to benefit from a stronger peso, increased domestic investment, and overall economic recovery.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+27.50%

Group Performance Snapshot

27.5%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 27.5% over the next year.

6 of 13

Stocks Rated Buy by Analysts

6 of 13 assets in this group are rated Buy by professional analysts.

7.4% vs 4%

Group Growth vs Bank interest

This group averaged a 7.4% return last month, beating the typical 4% bank rate.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

📈

Peso Power Play

Mexico's strengthening economic fundamentals could boost the peso, potentially supercharging returns for these domestic companies that earn in pesos but may have some costs in dollars.

🔍

Hidden Value Opportunity

Many investors overlook Mexico's improving fiscal position, creating a potential opportunity to get in before broader market recognition drives up valuations in these carefully selected stocks.

🌎

Nearshoring Advantage

Mexico's stable economy makes it an increasingly attractive manufacturing alternative to Asia, positioning these companies to potentially benefit from the global supply chain realignment trend.

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