A Dahlia Capital manager assesses that the handbag is close to turning, in the expectation that the Selicthe basic interest rate in Brazil, will begin the downward trajectory soon.
for the podcast market makersJosé Rocha comments that the Ibovespa is cheap, with shares trading at “atypical” upside potential levels.
“Iguatemi (IGTI11) is cheap. take the upside of Eletrobras (ELET3), find (RENT3), Bank of Brazil (BBAS3). Having the upsides at the levels they are today is an atypical business.”
Check out this and other highlights of the editorial below Buy or Sell of Money Times last week:
5th – The cheapest shares on the market, according to two metrics
The Ibovespa (IBOV) trades at a price over earnings (P/E) of 5.45 times, the lowest level since President Lula’s first term, still in 2002, shows a survey by the Oceans 14 platform.
Check out the full article here.
4th – VALE3, CSNA3, GGBR4 and USIM5: Is it time to give up on the shares? Credit Suisse cites two that are attractive
The sharp correction in iron ore prices in recent days has hit mining and steel stocks hard. Despite this, some analysts remain firm in recommending the sector.
Check out the full article here.
3rd – The trend that is ‘just starting’ on the Brazilian Stock Exchange
Itau BBA said it has seen a clear shift in its clients’ positioning and demand for defensive names for high beta stocks.
Check out the full article here.
2nd – Prefer this electric company that pays quarterly dividends to Taesa (TAEE11) and Transmissão Paulista (TRPL4), says Itaú
Itaú BBA prefers another electric company to Taesa (TAEE11) and Transmissão Paulista (TRPL4), shows a report sent to customers.
Check out the full article here.
1st – Manager warns: We are close to the turnaround in the stock market; ‘when it happens, it won’t be little by little’
The turnaround in the stock market, which has been suffering since the beginning of the high interest rate cycle in March 2021, is close to happening, says manager José Rocha, from Dahlia Capital, in yet another episode of Market Makers.
Check out the full article here.
Source: Moneytimes
I am an author and journalist with a focus on market news. I have worked for a global news website for the past two years, writing articles on a range of topics relating to the stock market. My work has been published in international publications and I have delivered talks at both academic institutions and business conferences around the world.
