The global economic situation has led the main stock market indices to register a decline so far in 2022 and the Mexican Stock Exchange (BMV) has not been the exception.
So far this year, the main index of the BMV, the S&P/BMV IPC, accumulates a drop of 15% to 45,400 points, close to its lowest level since January 2021. This drop may represent an opportunity, since Historically, over the long term, indices always tend to go up. For example, in the last 10 years, the S&P/BMV IPC registers a rise of 25%.
Of the 35 companies that make up this index, only one has a price of less than 10 pesos: Cemex, one of the main cement companies worldwide.
But in the Mexican market there are more than 140 companies whose shares can be purchased, of which 30% have a price of less than 10 pesos, although some of them are very little liquid, that is, it is difficult to buy them. and sell them.
Although the share price of these companies is less than 10 pesos, it does not always mean that they are a good investment opportunity. Specialists recommend that before investing the company, its financial results and the risks it runs, what they call the fundamentals, be analyzed. It is also important that each person knows their risk profile (that is, how much they are willing to lose) and their investment outlook (how long they plan to have that money invested), so that they can put together the strategy that best suits their needs. .