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Stock Strategist

Latin America Going Strong

We sift out the region's gems.

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At Morningstar, we're always on the lookout for quality businesses that are priced cheaply. Latin America is home to several of the former, but, after years of double-digit market returns, does it offer any of the latter?

The pickings are slim, but we still see value. In this article we'll highlight two companies that not only possess attractive economics, but also are priced at bargain levels. The first is a monopolistic airport operator, and the second, a world-class cement producer. Not coincidentally, both are based in Mexico's dynamic business capital, Monterrey.

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Ryan McLean does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.