PriceSmart (NASDAQ:PSMT) has had an uninspiring 2012. After rising big out of the gates, the company gave a lot back and has left investors wanting. The company is narrowly underperforming slower-grown blue chip indexes like the Dow. The reason for the sourness? It all comes down to Latin American growth prospects, which have been whittled lower for a multitude of factors. The International Monetary Fund is now calling for lower global growth in 2013, anchored by lower than previously expected emerging market GDP expansion. Taking a few big steps back, though, reveals an incredibly strong company with a winning model that should transcend emerging market softness for years to come.
PriceSmart is just one way to profit from our increasingly global economy. But it can also be as easy as investing in your own backyard with quality domestically focused companies. Our free report "3 American Companies Set to Dominate the World" shows you how. Click here to get your free copy before it's gone.