Three analysts have recently increased their EPS estimates for this Mexican media company, and are forecasting growth of 33.3% for the company next year.
Grupo Televisa, S.A.B. (TV)
From Cabot Global Stocks Explorer
Grupo Televisa, S.A.B. (TV) shares were pretty flat this week on no news. A recent recommendation, TV is like having CBS, Comcast and 21st Century Fox tied together in one package. Executives stated recently that they were exploring stepping up stock buybacks.
The company owns an appealing group of businesses, including a dominant set of Mexican TV stations; a controlling stake in the country’s largest satellite TV business; and a 36% interest in Univision, the big U.S. Hispanic broadcaster.
The company is also Mexico’s top provider of cable TV services and has a profitable programming contract with Univision that is one of its most prized assets.
Mexico features very favorable demographics with almost half of the country’s population what we would term working age. And 27% of Mexicans are under the age of 14.
All of this is very positive for TV and I encourage you to begin with a half position. BUY A HALF.
Carl Delfeld, Cabot Global Stocks Explorer, www.cabotwealth.com, 978-745-5532, November 14, 2019