Zacks Industry Outlook Spotlights America Movil, Telia, and TIM
Industry Challenges: The Zacks Wireless Non-US industry faces high capital expenditures, margin erosion, and supply-chain disruptions due to geopolitical conflicts, while healthy demand for connectivity is expected to benefit the sector in the long run.
Investment Trends: Companies like América Móvil, Telia Company, and TIM S.A. are focusing on upgrading their networks and diversifying from legacy services to capitalize on the growing demand for wireless and fiber connectivity, particularly with the rise of IoT and 5G.
Market Performance: Despite current challenges, the Zacks Wireless Non-US industry has outperformed the S&P 500 and the broader technology sector over the past year, with significant stock gains for key players.
Stock Recommendations: América Móvil, Telia, and TIM are highlighted as strong investment options, with América Móvil and TIM receiving a Zacks Rank of #1 (Strong Buy) due to their robust growth prospects and recent stock performance.
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Zacks Rank #1 Stocks: Five stocks have been added to the Zacks Rank #1 (Strong Buy) List, including James River Group Holdings, Calix, Materialise NV, America Movil, and Norwood Financial Corp., all of which have seen significant increases in their earnings estimates over the past 60 days.
Earnings Estimate Increases: The earnings estimates for these companies have risen by 10.5% (James River), 15.4% (Calix), 33.3% (Materialise), 7.8% (America Movil), and 16.6% (Norwood) during the same period.
Top Picks for 2026: Zacks is preparing to release its top 10 stock picks for 2026, with a historical performance of +2,530.8% from 2012 to November 2025, significantly outperforming the S&P 500.
Free Stock Analysis Reports: The article offers free stock analysis reports for the highlighted companies, encouraging readers to download them for more insights.
Norwood Financial Corp.: This bank holding company has seen a 16.6% increase in the Zacks Consensus Estimate for its current year earnings, and offers a dividend yield of 4.2%, significantly higher than the industry average of 2.4%.
America Movil: The telecommunications provider has experienced a 7.8% rise in the Zacks Consensus Estimate for its current year earnings, with a dividend yield of 2.7%, slightly above the industry average of 2.6%.
Garrett Motion Inc.: This company, specializing in turbocharger technology, has had an 8.9% increase in the Zacks Consensus Estimate for its current year earnings, and provides a dividend yield of 1.9%, compared to an industry average of 0.0%.
Investment Opportunities: Zacks Investment Research is set to release its top 10 stock picks for 2026 on January 5, following a history of significant gains, with the previous top 10 stocks achieving a return of +2,530.8% since 2012.
Zacks Upgrade: Amer Movil (AMX) has been upgraded to a Zacks Rank #2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price.
Earnings Estimates Impact: The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements, making it a valuable tool for investors.
Analyst Consensus: Over the past three months, the Zacks Consensus Estimate for Amer Movil has increased by 6.9%, reflecting analysts' growing confidence in the company's earnings potential.
Market Positioning: The upgrade places Amer Movil in the top 20% of Zacks-covered stocks, suggesting it is well-positioned for potential market-beating returns in the near term.
JPMorgan Chase Performance: JPMorgan Chase shares have increased by 32.1% over the past year, driven by operational strength and loan demand, although concerns about asset quality and rising expenses persist.
EPAM Systems Growth: EPAM Systems has seen a decline of 12.9% year-to-date, but is benefiting from digital transformation trends and strategic acquisitions, with projected revenue growth of 9.8% from 2025 to 2027.
Costco's Resilience: Costco has underperformed the retail discount sector but maintains a strong membership model and operational efficiency, positioning it well for future growth despite market challenges.
Market Insights and Reports: The Zacks Research Daily highlights key stock reports and market insights, including the impact of economic releases on trading, and features notable companies like Morgan Stanley and First Solar.

Termination Agreement: América Móvil has terminated its non-binding agreement with Empresa Nacional de Telecomunicaciones S.A. (ENTEL) regarding a joint offer for acquiring assets related to Telefónica S.A. in Chile.
Future Participation: The company plans to explore potential individual participation in the acquisition process moving forward.
Company Overview: América Móvil is a leading integrated telecommunications services provider in Latin America and is the largest in the world by mobile subscribers, excluding China and India.
Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
Industry Challenges: The Zacks Wireless Non-US industry faces high capital expenditures, margin erosion, and supply-chain disruptions due to geopolitical conflicts, while healthy demand for connectivity is expected to benefit the sector in the long run.
Investment Trends: Companies like América Móvil, Telia Company, and TIM S.A. are focusing on upgrading their networks and diversifying from legacy services to capitalize on the growing demand for wireless and fiber connectivity, particularly with the rise of IoT and 5G.
Market Performance: Despite current challenges, the Zacks Wireless Non-US industry has outperformed the S&P 500 and the broader technology sector over the past year, with significant stock gains for key players.
Stock Recommendations: América Móvil, Telia, and TIM are highlighted as strong investment options, with América Móvil and TIM receiving a Zacks Rank of #1 (Strong Buy) due to their robust growth prospects and recent stock performance.










