America Movil SAB de CV ADR - Series B

AMX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$99.00	Cfnvfrx	Zhvbykqfxm

America Movil Posted Solid Second Quarter Results Despite Growing Economic Pressure

Michael Hodel

Jul 13, 2022

America Movil reported solid second-quarter results overall amid increasingly challenging economic conditions. The Brazilian wireless business was particularly strong, a welcome sign with the Oi asset acquisition closing recently. Our fair value estimate remains $21, and we believe the stock is roughly fairly valued.

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