10 Experts Pick the 10 Best Stocks for 2013

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

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Best Stock for 2013: Femsa

Renowned 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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