America Movil SAB de CV ADR

Our analysts discuss where they see value in their sectors today.

As telecom and media valuations in the U.S. move sharply higher, Mexican firms Grupo Televisa and America Movil trade at a discount.

Here are our analysts' top ideas in each sector at the third quarter's end.

We see little strategic reason for AT&T to combine wireless and media businesses.

Traditional telecom has lagged, but the rest of the sector has been strong.

The telecom is well positioned and has room to expand its margins.

While there's no telling if their short-term momentum will continue, these stocks' long-term prospects look bright.

The company is now set for improving margins and returns on capital.

Its increasing scale provides opportunities for future growth.

According to many money managers and analysts, Mexican stocks are overpriced, but there are several names worth putting on a watch list.

The force is with Salesforce, which is one of the most advantageously positioned companies in software.

Though the market overall is fairly valued, basic materials stocks are the priciest while those in the communication services sector are attractive.

Despite recent struggles in Latin America, the company looks set for improving margins and returns on capital.

We still believe this telecom is a means to benefit from economic growth across Latin America.

For investors with a strong conviction about the fortunes of telecom firms, this ETF's low fees make it an appealing option.

We think Telefonica Brasil is positioned best for success.

Narrow-moat Millicom's dominant position in Latin America yielded impressive 2014 results despite currency headwinds.

With these sectors trading above our fair value estimate, investors should seek firms with established economic moats to help them withstand near-term revenue and operating margin volatility. Plus, get our take on Apple Pay's impact and the ongoing wireless spectrum auction.

As enterprises allocate spending toward data analytics, we see increasing complexity leading to opportunities for legacy technology providers and services firms.

Although the move away from subsidized rate plans is an overall positive for AT&T, changing customer behavior could create bumps, especially around cash flow.