The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) is one of the Best Airport Stocks to Buy According to Hedge Funds. On May 7, Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) reported passenger traffic results for April 2026. The company reported total passenger traffic of 6 million for April 2026, a modest decline of 0.7% compared to the same month last year.

​Colombia was the standout performer and posted 5.6% growth overall. Moreover, both domestic and international traffic moved higher, up 5.9% and 4.7%, respectively. Mexico is the company’s core and largest market. However, Mexico was the primary drag during the month as the overall traffic fell 2.6%, with international routes down 3.3% and domestic routes down by 1.9%. In addition, Puerto Rico also declined with total traffic in the region falling by 2.2% during the month.

​That said, the company reported Q1 2026 earnings on April 22. During the quarter, the company reported an 0.8% year-over-year increase in revenue to Ps. 8,858.0 million. This was mainly driven by an 11% increase in Colombian passenger traffic, driven by 7.7% and 12.1% in international and domestic traffic, respectively.

Grupo Aeroportuario del Sureste, S. A. B. de C. V. (NYSE:ASR) is a Mexican holding company that operates concessions for nine airports in southeastern Mexico (including the major tourist hub of Cancún) and 6 airports in Colombia. Its airports serve both domestic and international traffic, hosting around eight Mexican airlines and over 80 international carriers, including American and United Airlines.

While we acknowledge the potential of ASR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Stocks to Buy While the Market Is Down and 14 Stocks That Will Double in the Next 5 Years. 

Disclosure: None. Follow Insider Monkey on Google News.