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10 Experts Pick the 10 Best Stocks for 2013

The 'smart money' gives you their best buy-and-hold predictions

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trans 10 Experts Pick the 10 Best Stocks for 2013Best Stock for 2013: Femsa

FESMA185 10 Experts Pick the 10 Best Stocks for 2013Renowned trader, journalist and money manager Jon Markman finished one spot ahead of La Monica last year thanks to Hershey‘s (NYSE:HSY) 20% returns. This year, he’s trading in the sweets for emerging market pick Fomento Economico Mexicano (NYSE:FMX), often referred to as Femsa.

While Markman thinks the U.S. will struggle with austerity in the coming months, he also believes that if we head just a little bit south, we will find one of the greatest potential growth profiles in the world: Mexico, where Femsa is based.

“Femsa caters to more than 1.7 million retailers and 215 million consumers, and is the No. 1 beverage provider in every region that it operates in. The firm has grown revenues by 16% annually for the last 10 years,” he explains.

In fact, last year, FMX tallied impressive 44% gains. On the next pullback, he says, it will be time to buy.

Read Jon’s complete recommendation on Femsa.


Article printed from InvestorPlace Media, http://investorplace.com/2013/01/10-experts-pick-the-10-best-stocks-for-2013/.

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