5 Best Mexican Stocks To Buy Now

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1. Wal-Mart de México, S.A.B. de C.V. (BMV: WALMEX.MX)

Walmart de Mexico, or Walmex, is the Mexican arm of U.S. retail giant Walmart. It ranks 1st on our list of 10 best Mexican stocks to buy now. The company has over 2600 stores in the country, including 287 Walmart Supercenters.  The company has been trading in the Mexican stock exchange since 1977. Walmex also had a restaurant division called Vips, which was acquired by Mexican restaurant company Alsea in 2013 for over $600 million.

Wal-Mart de México, S.A.B. de C.V. currently has a $54 billion market capitalization.

According to our database, the number of WALMEX’s parent Walmart’s long hedge funds positions increased at the end of the fourth quarter of 2020. There were 70 hedge funds that hold a position in Walmart, compared to 69 funds in the third quarter. The biggest stakeholder of the company is Fisher Asset Management, with 11.8 million shares, worth $1.7 billion.

You can also take a peek at John Rogers’ Top 10 Stock Picks and Value Investor Bill Miller’s Top 10 Stock Picks.

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