Looking for Stocks in LatAm? Know the Challenges By Jonathan Heller About this article: I've been a holder and proponent of Argentine farming giant Cresud for several years now. The company is asset-rich, owning 1.28 million acres (2,000 square miles) of farming land, more than 100,000 head of beef cattle, not to mention a 55% interest in publicly traded Argentine land company IRSA (IRS) and a 19% stake in BrasilAgro. Shares are up about a third since my last column devoted to Cresud, and have more than doubled since bottoming in March. Cresud (CRESY) -- One-year chart Source: Yahoo! Finance Cresud is quite a package of assets, yet the company's market cap is just over $600 million and enterprise value is just under $1 billion. The 55% stake in IRSA alone is worth $275 million, while the 19% stake in BrasilAgro is worth another $40 million based on current... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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