Discovery's Citrone says America Movil is his top stock name

Reuters

Wed, May 14, 2025, 3:13 PM

NEW YORK (Reuters) - Discovery Capital's laminitis Rob Citrone said connected Wednesday his favourite banal astatine this infinitesimal is Mexico's America Movil owed to its vulnerability to galore antithetic countries successful Latin America.

Citrone, who manages a macro hedge fund, is bullish connected Latin America arsenic a diversification to investments successful the U.S. Discovery posted a 52% summation past year. He sees opportunities successful Latin America's equities, rates and currencies.

Currently, astir of Discovery's bets are extracurricular the U.S.

(Reporting by Carolina Mandl, successful New York; Editing by Leslie Adler)