What we think about Corporacion America Airports (CAAP)
Corporacion America Airports was initially published as one of our 7investing Community's New Ideas in August 2024
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Background
The following comes directly from our initial Community recommendation. 7investing's opinions may differ from the person(s) who submitted this community research.
CAAP operates airports (profitably!) in Uruguay, Ecuador, Argentina, Armenia, Italy and Brazil - plus some possibility of entering Nigeria?
Healthy returns on equity and invested capital, high inside ownership - seems like they could afford a $1/share dividend which would work out to ~6% yield at its current $16/share price.
It's a conservative pick for a frothy market.