I probably devote around 15 hours a week on reading economic, financial and business news.
On 2025 views? Argentina is set to have between 3.5 to 5 percent growth (numbers released in the past two weeks). In simple terms....the new gov't (now about a year in place)....is achieving results. They've downsized the governmental agencies in a massive way.
So, here's some financial advice....if you look...there are about 20 Argentina stocks on the US stock market....with one ETF (ARGT is the symbol). You can look up growth of the stocks for the past six months (with the one ETF), and find most all have grown by 50-percent.
2025 growth potential? At least 50-percent.
Symbols to watch/view? YPF (oil company), LOMA (construction materials), PAM (electrical company), TGS (natural gas/oil), EDN (electrical company) and VIST (natural gas/oil). One in particular to follow: CRESY (agricultural production)
Interesting catch? Well....the EU signed a treaty with four countries on the Atlantic side of the region (Argentina is in the group) for 'ease-of-trade'....so any product (from natural gas, oil.....to agricultural products) will get easy entry into Europe.
So an example: CRESY back five months ago was trading at $7.12 a share. Presently, it's trading at $13.64, and figured by mid-2025 to be near $17.
Another example: YPF (oil) was trading at $15 a share. Today? $44.56. Mid-summer of 2025? It's likely to be over $75.
Hot topic of oil and natural gas trade? Well....with Russia on the bad-boy list...Europe is looking for a alternate producer. In the past couple of months, the new gov't of Argentina write some critical laws....which allow long-term investment in energy. They will be the 'Qatar-of-the-2030s'.
One final note on the EFT....ARGT. A year ago....this traded near $50 a share. Presently? Nearing $87 a share (over a 80-percent gain in one year). At present pace, it's likely to hit $120 a share by August 2025.
1 comment:
All my disposable is tied-up in Hawkcoin.
Or Tuahcoin.
Or whatever Haliey* calls it.
I got the signed certificate as a permanent keepsake.
.
footnotes:
* we are on a first-name basis.
I call her 'Hailey', she calls me not at all.
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