Mexican stocks have underperformed the rest of the emerging markets over the past year, but should turnaround in 2014, says David Eiswert, portfolio manager for the T. Rowe Price Global Stock Fund. Mexico’s railway connections to the U.S., along with its low-cost energy and labor will enable the country’s economy to pick up steam, especially as U.S. growth improves, says Eiswert. Finally, Eiswert says Wal-Mart de Mexico will be a chief beneficiary of the comeback and the stock is currently cheap.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
