Argentina
Emerging market of the day: the Argentine economy
With the announcement that Mexico will file an official complaint with the WTO over Argentina’s trade practices, the Argentine economy (ARGT, quote) just can’t catch a break.
Alto Palermo is dividend paying stock with amazing yield
Argentine stocks have suffered due to the business unfriendly government, and as a result, some dividend paying stock is cheap. One such opportunity exists with property management stock Alto Palermo (APSA, quote) based in Buenos Aires.
Nortel Invesora is recovering from Argentinian disfavor
When factors exterior to the fundamentals of a company result in a price plunge, as has happened to many Argentinian stocks due to the unstable rule in Buenos Aires, investors should take advantage of the discount pricing. Nortel Inversora (NTL, quote) is once such stock.
Searching for yield? Check out this Argentine real estate stock
Due to Argentina’s unstable political leadership, many fine stocks in the country have been unfairly punished, such as real estate stock IRSA Investments and Brokerage Inc. (IRS, quote).
Argentina oil industry reduced to a utility by new decree
The Argentina oil industry has been more or less reduced to a utility under a presidential decree announced last Friday. But the new rules don’t provide the kind of monopoly risk profile usually associated with lower margins.
Tuesday’s best web
Tuesday’s best web covers BP’s unsuccessful attempt to secure a dividend from TNK-BP, the Argentinian economy, ASEAN politics, Jim O’neill’s latest comments, and the global gold supply.
Is there deep value in Argentine banks?
President Cristina Fernandez’s recent edict forcing Argentine banks to lend approximately $3.3 billion to businesses at below market rates by the end of the year has sent some bank shares significantly lower.
Argentine economy: still too risky for investors, but speculators love it
A recent leading economic indicator, published by Torcuato Di Tella University, put odds of a recession in the Argentine economy at 95% for a second consecutive month. Over the last 18 years, the indicator has forecasted recessions 4.3 months in advance and growth periods 2.7 months in advance.
Repsol’s lawsuit fighting the nationalization of YPF doesn’t mean time to buy
Spanish oil firm Repsol (REPYY, quote) has filed a lawsuit with the World Bank’s arbitration unit ICSID over their claim that Argentina’s nationalization of YPF (quote) was illegal. Does this mean it’s time to jump back into REPYY or YPF?
