It's not often that one comes across an extremely undervalued play in today's markets. Well, that appears to be the case with Telecom Argentina S.A. (NYSE:TEO). There are two main reasons for this. One is the lack of coverage by sell-side analysts. On the most recent earnings call, there were only two sell-side analysts and one analyst from Franklin Resources present. The other reason and the primary one is the fact that the company is in Argentina. For a litany of reasons, the country has been one of the most unpopular for foreign investors over the past fifteen years.
However, I see changes occurring in Argentina that make the company a worthwhile investment now. Besides the utter...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|
|PRO Top long ideas returned 21.7% in 2016**|