Argentina is a beautiful country that is recovering from a recent economic crash. She has the most European population among all the South and Latin American countries.
Some of the Argentina ADR stocks are listed below:
1. Banco Marco – BMA
This bank was founded in 1966 and has a market cap of just over $15B. The stock has fallen from over $39 to about $22 now. The bank announced a share repurchase program back in January.Has a decent dividend yield of 2%+.
2.Petrobras Energia – PZE
This is an oil company and is a subsidiary of Petrobras (PBR) of Brazil. Recently the stock crashed bigtime from $17 after a mixup by the CNBC TV channel. But is still a good value play around $10+ range in the energy sector.
3.Tenaris – TS
Makes steel pipes and tubes
4.BBVA Banco Frances S.A.- BFR
This bank trades fro abour $7+ and has a market cap of over $1B.
5. Edenor SA – EDN
Edenor is an electricity distributor serving over 2 Million customers.