The Zacks Wireless Non-US industry is grappling with high capital expenditures for infrastructure upgrades, margin erosion, supply-chain disruptions due to geopolitical conflicts, higher tariffs, raging wars and high customer inventory levels. However, healthy demand trends stemming from the increasing propensity to stay connected in this digital age should benefit the industry in the long run.Amid this backdrop, América Móvil, S.A.B. de C.V. (AMX) , Telia Company AB (publ) (TLSNY) and TIM S.A. (TIMB) are l ...

Here is the stocks with buy rank and strong momentum characteristics for investors to consider today, Nov. 18th:America Movil, S.A.B. de C.V. (AMX) : This company, which is the leading provider of integrated telecommunications services in Latin America, has a Zacks Rank #1 (Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.6% over the last 60 days. ...

Core Viewpoint - America Movil has shown a positive trend in its stock performance, with shares increasing by approximately 3.2% since the last earnings report, outperforming the S&P 500 [1][2]. Financial Performance - For Q3 2025, America Movil reported a net income per ADR of 40 cents, significantly up from 11 cents in the same quarter last year, exceeding the Zacks Consensus Estimate of 36 cents [3]. - The net income for the quarter was Mex$22,700 million, compared to a net loss of Mex$6,427 million in the prior year, with comprehensive financing costs decreasing by 54.5% to Mex$12,899 million [4]. - Total quarterly revenues rose by 4.2% to Mex$232,919 million, driven by growth in both Service and Equipment segments [5]. Subscriber Growth - America Movil gained 235,000 wireless subscribers in Q3, including 98,000 postpaid and 136,000 prepaid subscribers, with significant contributions from Brazil and Colombia [6]. Regional Performance - Colombia experienced a revenue increase of 5.9%, with mobile service revenue growth at 7.8% due to the strong performance of its 5G network [8]. - Argentina's revenues grew by 7% year over year, supported by a recovering economy and strong mobile service revenue growth of 12% [9]. - Central America saw a revenue increase of 10.8%, while other regions like Brazil and Peru also reported positive growth [10]. Cost and Profitability - Total costs and expenses increased by 3.8% to Mex$139,096 million, while EBITDA rose by 5.2% to Mex$93,823 million, maintaining an EBITDA margin of 40.3% [11]. - The operating profit increased by 5.6% to Mex$50.1 billion [12]. Liquidity Position - As of September 30, 2025, America Movil had Mex$96,588 million in cash and short-term investments, against long-term debt of Mex$463,103 million [13]. Market Sentiment and Outlook - There has been a significant upward trend in earnings estimates, with a consensus estimate shift of 152.94% [14]. - America Movil holds a Zacks Rank 2 (Buy), indicating expectations for above-average returns in the coming months [16].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Amer Movil (AMX) - Amer Movil currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [2][3] - The stock has shown significant price increases, with a 22.04% rise over the past quarter and a 52.75% increase over the last year, outperforming the S&P 500's gains of 6.64% and 15.78% respectively [6] Price Performance - Over the past week, AMX shares increased by 2.2%, while the Zacks Wireless Non-US industry declined by 0.92% [5] - The monthly price change for AMX is 8.12%, compared to the industry's performance of 0.58% [5] Trading Volume - AMX has an average 20-day trading volume of 1,687,459 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7] Earnings Outlook - In the past two months, two earnings estimates for AMX have been revised upwards, increasing the consensus estimate from $1.35 to $1.52 [9] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [9] Conclusion - Given the positive momentum indicators and earnings outlook, Amer Movil is positioned as a strong buy candidate for investors seeking short-term opportunities [11]

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - The Zacks Momentum Style Score helps investors identify stocks with strong momentum, addressing the challenges of defining momentum [2] Company Overview: Amer Movil (AMX) - Amer Movil currently holds a Momentum Style Score of B and a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance [3][4] - Over the past week, AMX shares increased by 6.05%, outperforming the Zacks Wireless Non-US industry, which rose by 2.79% [6] - In the last month, AMX shares rose by 8.68%, significantly outperforming the industry’s 0.93% [6] - Over the past three months, AMX shares have risen by 26.23%, and over the last year, they are up 36.4%, compared to the S&P 500's increases of 7.05% and 18.26%, respectively [7] Trading Volume and Market Activity - AMX's average 20-day trading volume is 1,605,328 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, two earnings estimates for AMX have been revised upwards, increasing the consensus estimate from $1.35 to $1.52 [10] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [10] Conclusion - Given the strong performance metrics and positive earnings outlook, AMX is positioned as a promising investment opportunity with a Momentum Score of B and a Zacks Rank of 1 (Strong Buy) [12]

Core Insights - The analysis of América Móvil (NYSE: AMX) indicates a "buy" position with the stock priced around $18.3, suggesting that the market has not fully reflected the company's business model [1] Group 1: Company Overview - América Móvil is viewed as an undervalued company with potential for long-term investment opportunities [1] - The company operates in a complex and dynamic market, particularly in Latin America, which presents unique investment prospects [1] Group 2: Analyst Background - The analyst is an economist and independent investor based in Argentina, currently pursuing a Ph.D. in Economics [1] - The research approach combines macroeconomic context with company-level valuation to identify long-term opportunities [1] - The investment philosophy focuses on underfollowed or undervalued companies, as well as established leaders with emerging structural value [1]

Core Insights - Amex Exploration Inc. announced significant assay results from a geomechanical drill program at the Champagne Zone, part of the Perron Project, with a notable assay of 213.11 g/t Au over 3.75 m, including a peak of 1106.50 g/t Au over 0.50 m, marking the highest grade assay to date on the property [1][3][4] - The geomechanical drilling program aims to gather data on rock mechanics to support the ongoing Phase 1 Feasibility Study, with initial results indicating good rock mass quality suitable for underground mining [3][4][10] Geomechanical Drill Results - The drill program consisted of three holes, with PEGT-25-001 yielding 25.19 g/t Au over 32.80 m, including the previously mentioned high-grade interval [4][18] - PEGT-25-002 returned 3.59 g/t Au over 11.70 m, with a notable 58.28 g/t Au over 0.70 m [4][20] - The results confirm the continuity of high-grade mineralization within the Champagne Zone, which is critical for the project's feasibility [3][4][10] Project Development and Feasibility Study - The Phase 1 Feasibility Study is progressing well, with the geomechanical drilling providing essential data for mine design and operational planning [3][10][27] - The study includes additional analyses on hydrogeology, geochemical properties of ore and waste, and environmental assessments, all of which are advancing positively [3][10] Geological and Rock Mass Characterization - The rock mass classification indicates a competent and rigid structure, with average unconfined compressive strength (UCS) of 116 MPa in rhyolite and 334 MPa in the diabase [15][16] - A dominant north-south trending joint set was identified, which will inform the mining sequence and risk assessments [16][17] Infrastructure and Location - The Perron Project is strategically located with excellent infrastructure, including proximity to major processing plants and accessibility via a year-round road [28][29]

Core Insights - América Móvil is open to consolidation opportunities in Latin America and acknowledges strategic progress in Chile and Brazil [1] Group 1: Strategic Developments - In Chile, América Móvil is jointly bidding with Entel for Spanish telecom assets despite facing intense competition and low market prices [1] - The Chilean market is performing well due to operational transformation and improved profitability [1] Group 2: Investments and Expansion - In Brazil, the subsidiary plans to acquire local broadband service provider Desktop [1] - The company continues to invest in fiber networks and enterprise digital services, emphasizing technological expansion and enhanced user experience to maintain regional leadership [1] - América Móvil operates in 18 countries, serving over 400 million users [1]

Subscriber Growth - América Móvil added over 3 million postpaid clients in Q3 2025, with Brazil contributing 1.5 million, followed by Colombia (251 thousand), Peru (198 thousand), and Mexico (98 thousand) [3] - The company added 235 thousand wireless subscribers in Q3 2025, including 98 thousand postpaid clients, bringing the total wireless subscriber base to 84.3 million [41] - In Brazil, the company gained 849 thousand new wireless subscribers, including 1.5 million postpaid clients, resulting in a total of over 89 million wireless subscribers [52] - The company added 488 thousand mobile subscribers in Colombia, including 251 thousand postpaid subscribers, marking seven consecutive quarters of growth in this segment [63] - Wireless subscribers in Ecuador reached 9.7 million, with a net disconnection of 320 thousand in the prepaid segment during Q3 2025 [89] - In Argentina, wireless subscribers increased by 394 thousand, reaching a total of 27.1 million, a 5.7% year-over-year growth [97] - Wireless subscribers in Chile, Paraguay, and Uruguay decreased by 4.1% year-over-year to 8,771 thousand, with postpaid subscribers increasing by 8.7% to 5,002 thousand, while prepaid subscribers fell by 17.0% to 3,769 thousand [113] - The company added 49 thousand wireless subscribers in the Dominican Republic, bringing the total to 8 million in the Caribbean [115] Financial Performance - Total revenues for Q3 2025 reached 232.9 billion Mexican pesos, up 4.2% in Mexican peso terms and 6.2% at constant exchange rates, with service revenue also expanding at a 6.2% pace [3] - EBITDA for Q3 2025 totaled 93.8 billion Mexican pesos, up 4.9% in nominal terms and 6.8% at constant exchange rates, with an EBITDA margin of 40.3% [3] - Net income for Q3 2025 was 22.7 billion Mexican pesos, reflecting a significant reduction in comprehensive financing costs compared to the previous year [3] - Free cash flow for the nine months ending September 2025 allowed América Móvil to cover 28.6 billion pesos in shareholder distributions, including 10.8 billion pesos in share buybacks [3] - Operating profit increased by 5.6% to 50.1 billion Mexican pesos, with comprehensive financing costs reduced by approximately 50% year-on-year [26] - Free cash flow for the first nine months of 2025 was 52.99 billion pesos, a significant increase of 47.0% compared to the same period in 2024 [38] - Total revenue for Q3 2025 reached 85.5 billion Mexican pesos, a 2.0% increase year-on-year [42] - Mobile service revenue grew by 4.9% year-on-year, marking its best performance since Q1 2024 [42] Revenue Growth by Region - Total revenue in Brazil for Q3 2025 reached 13,011 million BrL, a 5.4% increase year-over-year, with service revenue growing by 5.1% to 12,312 million BrL [61] - In Colombia, total revenue for Q3 2025 was 4,135 billion COP, reflecting a 5.9% year-over-year growth, with mobile service revenue increasing by 7.8% [66] - Central America reported a total revenue increase of 10.8% year-over-year to 741 million USD, with mobile service revenue rising by 12.8% [72] - In Peru, total revenue for Q3 2025 was 1,743 million soles, a 3.1% increase year-over-year, with mobile service revenue growing by 4.9% [84] - Total revenue in Ecuador increased by 1.6% year-over-year to $257 million, while service revenue also rose by 1.6% [90] - In the Chile, Paraguay, and Uruguay region, total revenue grew by 9.0% year-over-year to 334.8 billion Chilean pesos [109] - Total revenue in the Caribbean decreased by 1.2% year-over-year to 475 million dollars, with total service revenue also down by 1.2% to 420 million dollars [118] - In Puerto Rico, service revenue increased by 1.4% year-over-year, reversing a negative trend, with fixed-line service revenue rising by 4.1% driven by strong growth in PayTV and broadband revenue [117] Debt and Cash Flow - The net debt at the end of September 2025 stood at 454 billion pesos, equivalent to 1.55 times Net Debt/LTM EBITDAaL [3] - Total debt as of September 2025 was 550,176 million Mexican pesos, down from 568,482 million in December 2024, reflecting a decrease of 3.2% [138] - Net debt as of September 2025 was 453,588 million Mexican pesos, a reduction from 485,146 million in December 2024, showing a decrease of 6.5% [138] - Net cash flows from operating activities for Jan-Sep 2025 were 186,665 million Mexican pesos, up from 158,072 million in Jan-Sep 2024, representing a 18.1% increase [136] Capital Expenditures and Investments - The company continues to focus on capital expenditures related to the expansion of telecommunications infrastructure, with capital expenditures of 84,870 million Mexican pesos for Jan-Sep 2025 [136] - América Móvil returned to the euro market with a 650 million euro bond at a 3% coupon, aimed at paying short-term debt [9] - The company was granted 100 MHz of spectrum in the 3.5 GHz band in Peru, which will support the expansion of its 5G network [83] - The company launched 5G services in Costa Rica, enhancing connectivity and customer experience across the region [74] Market Performance and Metrics - Average Revenue Per User (ARPU) increased by 16.5% year-over-year to $4.97, while churn rate rose to 7.2% from 5.0% [113] - The churn rate in Ecuador improved to 3.7%, down from 4.1% in the previous year [87] - The average exchange rate for the Euro decreased by 6.0% from 0.9096 in 3Q24 to 0.8555 in 3Q25 [134] - The average exchange rate for the Mexican Peso decreased by 1.5% from 18.9243 in 3Q24 to 18.6398 in 3Q25 [134] - The Argentinean Peso saw a significant increase of 42.2% in the end of period exchange rate from 970.5 in 3Q24 to 1,380.0 in 3Q25 [134]

Core Insights - America Movil (AMX) is a leading telecommunications company in Mexico, providing a variety of services including wireless, fixed-line, and broadband, primarily in Latin America [1] - Scotiabank has set a new price target of $19.50 for AMX, indicating a potential downside of approximately -12.26% from its current trading price of $22.23 [2][6] - AMX reported a significant increase in net income per ADR to 40 cents, surpassing the Zacks Consensus Estimate of 36 cents, with total revenues rising by 4.2% to Mex$232.9 billion [3][6] - The company experienced subscriber growth in regions such as Colombia, Argentina, and Central America, and its comprehensive financing cost decreased by 54.5% to Mex$12.9 billion [4] - Over the past year, AMX shares have surged by 30.5%, outperforming the Zacks Wireless Non-US industry growth of 22.8%, with a current market cap of approximately $67.57 billion [5][6]