Will the Global X MSCI Argentina ETF - ARGT closes above US$100 at the end of 2027?
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"The Global X MSCI Argentina ETF (ARGT) invests in among the largest and most liquid securities with exposure to Argentina."
Reaching a share price of US$100 by the end of 2027 would imply an annual growth rate of about 15% over the next 3-4 years, potentially reflecting optimism under the economic policies of President Javier Milei. This bet aims to gauge sentiment about the future performance of Argentine stocks under his administration.
Currently, as of May 2024, ARGT is priced at approximately US$62.
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