Want To Invest In Argentina's Comeback? Buy Loma Negra [Seeking Alpha]
Loma Negra Compania Industrial Argentina Sociedad Anonima ADS (LOMA)
US:NYSE Investor Relations:
investors.lomanegra.com
Company Research
Source: Seeking Alpha
Follow Summary Argentina's economy is showing signs of recovery under President Javier Milei, who has implemented strict fiscal policies to curb overspending and inflation. Loma Negra, Argentina's largest cement producer, is well-positioned to benefit from the country's economic turnaround due to its market dominance and strong profit margin. The company's strong balance sheet and increased gross margins, despite economic challenges, highlight its resilience and potential for growth in a recovering economy. Investing in Loma Negra offers significant upside potential as it is highly leveraged to Argentina's economic improvement, unlike other Argentine ADRs with less economic sensitivity. andresr/E+ via Getty Images I have made a lot of money buying companies left for dead once they show signs of a turnaround. But what about countries? Argentina has an economy that has struggled for decades due to rampant overspending and This article was written by Jeremy Blum 9.31
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LOMA
Sec Filings
- 11/20/24 - Form 6-K
- 11/14/24 - Form SC
- 11/12/24 - Form 6-K
- LOMA's page on the SEC website