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T. Rowe: Mexican Stocks Set to Stage a Comeback

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T. Rowe: Mexican Stocks Set to Stage a Comeback

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T. Rowe: Mexican Stocks Set to Stage a Comeback

TheStreet.com Videos 3:16 mins

Mexican stocks have underperformed the rest of the emerging markets over the past year, but should turnaround in 2014, says David Eiswert, portfolio manager for the T. Rowe Price Global Stock Fund. Mexico's railway connections to the U.S., along with its low-cost energy and labor will enable the country's economy to pick up steam, especially as U.S. growth improves, says Eiswert. Finally, Eiswert says Wal-Mart de Mexico will be a chief beneficiary of the comeback and the stock is currently cheap.

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