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FX Daily Updates
Discovery's Citrone says America Movil is his top stock name
georgemiller
Publish Date: Wed, 14 May 2025, 22:13 PM

NEW YORK, May 14 (Reuters) - Discovery Capital's founder Rob Citrone said on Wednesday his favorite stock at this moment is Mexico's America Movil (AMXB.MX) , opens new tab due to its exposure to many different countries in Latin America.
Citrone, who manages a macro hedge fund, is bullish on Latin America as a diversification to investments in the U.S. Discovery posted a 52% gain last year. He sees opportunities in Latin America's equities, rates and currencies.
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Currently, most of Discovery's bets are outside the U.S.
https://www.reuters.com/business/finance/discoverys-citrone-says-america-movil-is-his-top-stock-name-2025-05-14/