In this article, we will discuss the 10 Best Mexican Stocks to Invest In.
Mexico is not just the USA’s southern neighbor but also a major trade partner. And even beyond that, the country has often provided an alternative source of investment income for those who wish to venture outside Wall Street. In fact, Franklin Templeton believes there isn’t a better time than today to invest in Mexico. In a report published in October 2025 and titled “Couldn’t Be Better! The Best Year for Mexican Assets,” the investment firm declared that the year 2025 “is shaping up to be an exceptional year and a reminder that peso-denominated assets have been by far a better alternative than the dollar.”
Vanguard’s senior economist, Adam Schickling, also thinks favorably of Mexico. According to him, although Mexico’s economy is walking a fine line, it enjoys massive support from exports and policy. For starters, Schickling noted in an analysis published on November 11, “Mexico’s economy has demonstrated resilience in 2025 despite considerable trade uncertainty with the United States.” He stated that nearshoring trends – mainly in the United States – are “reinforcing Mexico’s role as a key North American manufacturing hub.”
In fact, Antonio Tejedo, VP of Investor Relations at Grupo Traxion, noted that the nearshoring phenomenon has been a paradigm shift for Mexico. “The country concentrates 72% of nearshoring in Latin America, with manufacturing, services, and technology experiencing significant reconfigurations to cope with current and future needs,” he stated in an interview with Mexico Business News on October 1, 2025.
According to Tejedo, many sectors are projected to benefit from the nearshoring phenomenon, including petrochemicals, energy, pharmaceuticals, medical devices, semiconductors, and automotive. And with that backdrop, here are some of the best stocks to invest in, which may capture some of that upside.
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Our Methodology
To create our list of the 10 Best Mexican Stocks to Invest In, we utilized the Finviz stock screener and other well-known sites to make an initial pool of Mexican companies trading on US stock exchanges. We filtered for companies with positive upside potential as of November 21 and then focused on the names with considerable institutional backing – for this, we relied on hedge fund data from Insider Monkey’s Q2 2025 database. The final ranking is presented in ascending order based on the stock’s upside potential.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
Best Mexican Stocks to Invest In
10. CEMEX, S.A.B. de C.V. (NYSE:CX)
Number of Hedge Fund Holders: 18
Stock Upside Potential: 3.82%
CEMEX, S.A.B. de C.V. (NYSE:CX) is one of the best Mexican stocks to invest in. On November 18, Goldman Sachs’ Jorel Guilloty reaffirmed his Buy rating on CEMEX, S.A.B. de C.V. (NYSE:CX) with an $11.50 price target.
The analyst action followed CEMEX’s Q3 2025 results, which came out the same day. During the quarter, CEMEX managed $4.25 billion in consolidated net sales, a 2% rise from Q3 2024. Also, this marked the first quarterly net sales growth since Q1 2024, which management stated was supported by improving regional dynamics in EMEA, South/Central America & the Caribbean, and by positive trends in Mexico and the US. But the star of the quarter was consolidated EBITDA, which jumped by 19% year over year to reach $882 million. The EBITDA margin expanded by 2.5% year-over-year, to 20.8%, which is the best third-quarter margin achieved since 2020.
In its outlook, CEMEX maintained flat EBITDA guidance for full-year 2025, aiming for free cash flow conversion rates of 45% in 2026 and 50% by 2027. Management cited expected demand growth in Mexico (2.5–3% in 2026) and potential price increases for Europe and the US to offset inflation.
CEMEX, S.A.B. de C.V. (NYSE:CX) is a leading global building materials company headquartered in Monterrey, Mexico. It specializes in cement, ready-mix concrete, and aggregates.
9. Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC)
Number of Hedge Fund Holders: 8
Stock Upside Potential: 7.25%
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) is one of the best Mexican stocks to invest in. On November 14, JPMorgan’s Guilherme Mendes upgraded Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) (GAP Airports) stock to Overweight from Neutral, and cut the price target to 460 Mexican pesos from 465 Mexican pesos. Mendes characterized GAP Airports as attractive on a valuation basis and highlighted that the recent share‑price performance and current multiples leave room for upside relative to the analyst’s fundamental view of the company.
Just seven days before this analyst action (on November 7), GAP Airports had reported preliminary terminal passenger traffic figures for October 2025. The report showed a total of 4.87 million passengers across all its airports, a 0.8% decrease from October 2024. For the January–October 2025 period, total terminal passengers reached 52.68 million, a 3.2% year-to-date increase compared with the same period in 2024. In other words, traffic grew over the full 10‑month period despite the slight decline in October.
Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE:PAC) is a Mexican airport operator headquartered in Guadalajara. The company operates 12 airports in central and northwestern Mexico and two in Jamaica. GAP is the largest airport operator in Mexico based on passenger traffic.
