Corporacion America Airports: Recovery In Sight After A Brutal 2018?

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About: Corporación América Airports S.A. (CAAP), Includes: ACKDD, AEOXF, ARRPY, ASR, AUKNY, PAC
by: Silver Coast Research
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Silver Coast Research
Small-cap, foreign companies, commodities, dividend investing
Summary

Corporación America Airports' ("CAAP") shares have had a rough ride since the IPO in Feb. 2018, despite the recent bounce.

Emerging market weakness and CAAP's deteriorating financials scared the market in 2018, though underlying performance wasn't as bad as it looks.

2019 should see stabilization in Argentina and sustained growth in other places like Brazil.

The risk/reward setup looks attractive at this point.

Corporación America Airports' (NYSE:CAAP) maiden year as a listed company will go down as one to forget for shareholders. The Argentine airport operator's stock saw relentless selling pressure after its IPO on the