CX is an interesting company here. I have liked the negativity surrounding Mexico, and emerging markets since Trump got elected, now we have a solid breakout on strong volume, and a potential monthly and even quarterly uptrend taking off from here.CX has had strong growth in the past quarter and year, I think it can be a solid performer going forward. Management efficiency has been high, when compared to the average of the past 5 years.Fundamentals are solid, with a decent 5.9% earnings yield, 15% free cash flow yield, this company might be a great value play going forward.
Cheers,
Ivan Labrie.
Trade active
It's on...
Note
Very strong action, I expect immediate follow through, this is a gigantic breakout...hope someone took it with me at the open today.
Note
Note
$C managed to make
CX drop a bit, but it's only a temporary drop...I will be adding to longs gradually.Note
finance.yahoo.com/news/mexicos-cemex-signs-4-05-224152569.htmlAdding pay off, maybe $C were in the know about this debt refinancing deal...hehe.
Note
paid off*
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.