COPA Holdings: Investing In Emerging Markets

If you follow my blog you know that I occasionally take chances on stocks that others avoid. My latest purchase of Copa Holdings (CPA) is one of those purchases. I have been watching Copa Holdings for a year or so. I've wanted to add CPA stock to my portfolio but it has been overvalued. The past 12-months have been rocky for Copa Holdings. CPA stock is down to $84.96, which is more than 52% lower than its 52-week high of $157.98. I see a buying opportunity. I sold a cash secured put on Copa Holdings at $85 which generated instant $90.29 profit. I didn't expect Copa to fall below $85, but it did which is just fine with me, because I only sell puts on those stocks I am willing to own. The assigned put sent 100 shares to me at a cost basis of $84.09 per share. This stock purchase will add $336 dollars to my annual dividend income. Copa Holdings is latest addition to my Dividend Dreams Fund.

An Overview of Copa Holdings

Copa Holdings, S.A. is a Latin American provider of airline passenger and cargo service through its two principal operating subsidiaries, Copa Airlines and Copa Colombia. Copa Airlines operates from its located position in the Republic of Panama, and Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. As of December 31, 2013, the Company operates a fleet of 90 aircraft, 64 Boeing 737-Next Generation aircraft and 26 Embraer 190 aircraft. The Company offers approximately 327 daily scheduled flights among 66 destinations in 29 countries in North, Central and South America and the Caribbean from its Panama City hub. The Company provides passengers with access to flights to more than 150 other destinations through codeshare arrangements with UAL and other airlines. Source: http://www.schwab.com. Learn more about the Copa Holdings business at the company About Us page.

Copa Holdings Dividends And Annual Growth Rate

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Full Disclosure: Long CPA

I am not a certified financial planner.  I am a personal investor and blogger who writes about my personal ...

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