This Argentine stock is spectacularly profitable!
Last week I reported to you about the chances in the Argentine stock market, which now arise through the change in the presidential office there and the prospect of far-reaching economic reforms.
The announced measures have already strongly boosted the stock market. So that the Argentine stock exchange is likely to be the performance winner by far this year in terms of points.
But because of the weak peso and the expected currency losses but also because of the weak productivity of the Argentine industry I had to advise you against an investment in the MERVAL (the Argentine DAX) as a whole.
This Argentine stock is spectacularly profitable! But what about this:
An Argentine growth stock listed on the New York Stock Exchange in hard US dollars.
Growth is not only high (revenue growth from 470 to 10,540 million USD in the last 10 years!), But also healthy. Because it was financed WITHOUT debt from current earnings.
In addition, the company shines with fantastic results – also in recent times – while the valuation is currently far below the level of the past.
And only the chart technique – a dream!
Since the election in Argentina, the share has been in a steep rally to its all-time highs. Most recently, it has been extremely bullish. +40% alone in the last 6 weeks are already a powerful boost!
Breakout with at least +60% profit potential is running! Source: aktienscreener.com
By the way: the long-term performance is also right here. Had you invested just $1,000 in the stock five years ago, you would now have almost $4,000 together. A nice sum…
In my stock newsletter Voigts Global Profits we have been invested for a few months and have made nice profits. Of course, my readers will continue to benefit from this stock! Now, when the policy is likely to provide headwinds instead of headwinds.
Be part of it – here you will find out all the details about the stock! If you want to join us and learn the name and WKN of this and other stocks with an outstanding flash gain potential, then sign up for a test of my stock newsletter Voigts Global Profits.
Unfortunately, I cannot give you any specific trading recommendations here in the free area. But very much so in my stock newsletter.