It may be winter in Latin America, but there are some pretty hot currencies down there. Here's a new idea for trading them.
Colombia, the fourth largest economy in South America, could see its NYSE listings double in the next year. The NYSE currently has two Colombian listings, totaling a market cap of $97.4 billion — only 7 percent of the NYSE’s Latin American total — and well behind Brazil’s 65 percent and Mexico’s 18 percent stakes.
Changes linked to global warming have contributed to a shortage of the beans used in specialty coffees, the New York Times reports.
This Latin American country, Cramer said, is ripe for investment opportunity.