Thursday, 30 April 2009

Flying too high

There are three Mexican airport stocks: Grupo Aeroportuario del Sureste (ticker: ASR), Grupo Aeroportuario del Pacifico (ticker: PAC), and Grupo Aeroportuario del Centro Norte (ticker: OMAB). Although they seem financially in a good shape, they can not escape the fall-out of the swine flu reports.
And they are hit. But not too hard, until now.

If governments however wil start to issue negative advices to go to Mexico, this may change.


Don’t forget to look to this category of stocks once this outburst of fear is over.
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