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Millicom International Cellular S.A. (TIGO): A Bull Case Theory

We came across a bullish thesis on Millicom International Cellular S.A. on alwaysinvert investing’s Substack by alwaysinvert. In this article, we will summarize the bulls’ thesis on TIGO. Millicom International Cellular S.A.'s share was trading at $47.81 as of August 25th. TIGO’s trailing and forward P/E were 8.47 and 16.00 respectively according to Yahoo Finance.

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TIGO has presented a uniquely asymmetric investment opportunity since 2019, though the journey has been volatile....