Ride the coattails of the Midas who’s made $10 billion¢â‚¬¦just this year!

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

His father fled from Lebanon in 1902 to escape the harsh military rule of the Ottoman Turks.

He himself — through a lifetime of savvy business dealings — would earn a place alongside Bill Gates and Warren Buffett in the global wealth Hall of Fame.

But this "American" success story didn’t happen in the USA. Carlos Slim — today the world’s 4th wealthiest man — got his start in Mexico.

Thanks to a growing and diverse empire that includes holdings in telecom, retail, banking and insurance, today Slim is the richest man in Latin America.

And a London Junto member who knows him personally tells me that Slim is not a man you want to bet against. So why is Slim having such a good 2005?

Partly because shares of his flagship wireless telecom outfit, América Movil — our Global Bull Market pick of the week — have soared 47% since January.

And here’s why América Movil’s stock price will continue its upward trajectory…

First, América Movil is on a growth path that just won’t stop. Sales have quadrupled since 2001, when it was spun off of Telefonos de Mexico, the Mexican telephone monopoly that Slim bought in 1991 at a privatization auction.

With assets in 14 different Latin American countries, América Movil expects to have 85 million subscribers by the end of 2005 — having added 20 million this year alone. This puts América Movil among the 10 top cellular operators in terms of clients worldwide.

Second, América Movil recently surprised analysts with better-than-expected EBITDA, revenue and client growth results in the third quarter. The strength showed up in almost every metric: higher service revenues, lower churn, resilient ARPUs (average revenue per user), and controlled costs.

Exclusive  U.S. Markets Ride High and a Lesson in Contrarian Investing

Finally, after a shaky October, we are entering a traditionally strong period for Global Bull Markets.  The fourth quarter is a terrific time to look for quick profits in growth stories like América Movil.

Investment bank UBS increased its target price on América Movil to $35. This gives the stock a 35% short-term upside based on its current price.

So let’s buy América Movil (AMX) at market, with a stop price of $22.50. If you want a shot at even greater profits on this Latin play, buy the February $30 calls (AMXBF.X).

Portfolio Update: Shares in Mitsubishi UFJ — the world’s largest bank — soared to record highs last week, with the stock up 15%, and the options up 64%. While you may be tempted to sell the options for a quick profit, remember these are May ’06 options, so hold on for plenty more upside on this one!  And move the stop up to $11.50.

With our other Global Bull Market picks showing profits as well, move the stops on Norsk Hydro (NHR) to $92.50, and the Austrian i-shares (EWO) to $23.50.

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE


img

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

LEARN MORE HERE

Mike Turner

Mike Turner’s financial, mathematical, computer science and engineering background serves as the foundation for his disciplined, rules-based approach to trading. Mike’s three services include:

Product Details

LEARN MORE HERE

Hilary Kramer

Hilary Kramer is an investment analyst and portfolio manager with 30 years of experience on Wall Street. Since 2010, Hilary's financial publications have provided stock analysis and investment advice to her subscribers:

Product Details

LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

LEARN MORE HERE