Argentina ADR Stocks
In this post, lets review the Argentina ADR stocks listed in the US.
Argentina survived a severe economic crisis in 2001-02.After 2002, the country started to recover slowly.The country is blessed with abundant natural resources and has an export-oriented economy. Most of the people are literate and Argentina has the largest European population in South America.
The following table lists the ADRs of Argentina. Important details such as the current yield are provided as well.
| S.No. | Company | Ticker | Sector | Yield | Value of $10,000 Invested 5 years ago | Key Data Point |
|---|---|---|---|---|---|---|
| 1 | Alto Palermo | APSA | Real Estate | 6.85% | $44,742.00 | Shopping Malls |
| 2 | Banco Macro | BMA | Banks | 3.76% | N/A | Raised dividend each year since 2006 |
| 3 | BBVA Banco Frances | BFR | Banks | 6.10% | N/A | Avoid for now |
| 4 | Cresud | CRESY | Food Producers | 0.55% | $17,606.00 | Average performer |
| 5 | Edenor | EDN | Electricity | N/A | N/A | Electricity Distributor |
| 6 | Grupo Financiero Galicia | GGAL | Banks | N/A | $14,340.00 | Average performer |
| 7 | IRSA Inversiones y Representaciones | IRS | Real Estate | N/A | $13,343.00 | Shopping Malls-Avoid |
| 8 | MetroGas | MGS | Gas,H20&Multiutility | N/A | $11,695.00 | Average performer |
| 9 | Petrobras Energia | PZE | Oil & Gas Producers | 1.61% | $18,470.00 | Buy |
| 10 | Telecom Argentina | TEO | Fixed Line Telecom. | N/A | $32,765.00 | PE is 18.50 |
| 11 | Telefonica de Argentina | TAR | Fixed Line Telecom. | N/A | $17,589.00 | Average performer |
| 12 | Tenaris | TS | Industrial Metals | 0.80% | $159,602.00 | Makes Steel Pipes - Buy |
| 13 | Ternium | TX | Industrial Metals | N/A | N/A | Steel Products |
| 14 | Transportadora de Gas del Sur | TGS | OilEquip.,Serv.&Dist | 1.71% | $13,222.00 | Average performer |
| 15 | YPF | YPF | Oil & Gas Producers | 8.60% | $28,675.00 | Excellent yield and in sweet sector |
Note: All data is as of June 10,2008
Argentina is a beautiful country and is popular among seasoned travelers.More information on tourism can be found here.
Photo: World’s Widest Street, Buenos Aires
Credit: www.art.com
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