Liberty Latin America | LILA | Long at $6.37

Liberty Latin America LILA is a leading telecommunications company operating in over 20 countries across Latin America and the Caribbean under the consumer brands Flow, Liberty Communications, Más Móvil, BTC and Liberty Costa Rica. Insiders have been loading up shares after the recent drop post earnings, which got my attention. The company is expected to be profitable starting in 2025, but its stock has taken a tremendous hit over the past few years. On paper, the future looks bright for this large telecommunications company and it is trading at good value compared to peers and industry.

From a technical analysis perspective, my selected historical simple moving average lines are connecting with the price (which often means a future breakout). The recent dip, based on the financials and insider buying, may be a hidden opportunity for a future run up and the stock consolidates. However, as always, stay cautious. Thus, at $6.37, LILA is in a personal buy zone.

Target #1 = $7.00
Target #2 = $8.00
Target #3 = $9.00
Target #4 = $10.00
latinoamericaLILAMoving AveragesSupport and ResistancetelecomtelecommunicationsTrend Lines

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