What Makes Amer Movil (AMX) a New Buy Stock

Core Viewpoint - Amer Movil (AMX) has been upgraded to a Zacks Rank 2 (Buy), reflecting an upward trend in earnings estimates, which significantly influences stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in a company's earnings picture, which is a critical factor for stock price movements [2][3]. - Rising earnings estimates for Amer Movil indicate an improvement in the company's underlying business, likely leading to an increase in stock price [4]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks receive a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [8][9]. Recent Earnings Estimate Revisions for Amer Movil - For the fiscal year ending December 2025, Amer Movil is expected to earn $1.51 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 6.9% over the past three months [7].