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Liberty Latin America (NASDAQ:LILA), a telecommunications company operating in more than 20 countries in Latin America and the Caribbean, has had a difficult time, to say the least, since it was split off from
Liberty Latin America: A Diamond In The Rough With Huge Catalysts Underway
Summary
- Liberty Latin America thinks the current valuation is "insanity," as do we, plus the CEO telling investors that they will be pleased with 2023 guidance.
- Famous investors such as John Malone, Michael Burry and the CEO also feel there is a dislocation in valuation and are buying shares from the open market.
- In a recent under-reported interview at Goldman Sachs, the CEO gave some golden nuggets about catalysts about to kick into gear.
- The stock is currently trading at a yield of 7.02% free cash flow adjusted for stock-based comp and is expected to rise sharply soon.
- We set our price target at $23.14, which is 189.25% higher, although there are strong, sound reasons to believe that the price could be well above $30-$40, or 275%-400% higher.
Wright's Research employs a disciplined, long-term approach rooted in contrarian thinking and unorthodox strategies. Our insights are grounded in fundamental analysis and the principles of value investing, allowing us to uncover overlooked opportunities and challenge prevailing market narratives. By prioritizing rational, forward-looking assessments, we aim to guide investors toward sustainable, value-driven decisions in an ever-evolving economic landscape.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of LILAK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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