FEMSA (FMX) Benefits From Growth Initiatives: Stock to Gain

Fomento Economico Mexicano S.A.B. de C.V. (FMX) alias, FEMSA, has been in a good spot, courtesy of its robust strategic initiatives. FEMSA has been witnessing solid growth trends across all business units, owing to effective strategies and strong market demand. The company’s efforts to expand in the U.S. specialized distribution segment bode well.FMX's digital initiatives, business expansion endeavors and continued strength in OXXO Mexico and OXXO Gas have also been aiding results. Moreover, it displays sol ...