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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (51737)2/2/2014 12:03:00 AM
From: Spekulatius  Read Replies (2) | Respond to of 78515
 
Re BBD - it certainly was the right decision to avoid Brazilian stocks, including banks like BBD. That said, they do look pretty cheap and while profit growth has slowed, NPA have fallen and the profit metrics (1.4% ROA, 42% efficiency ratio, 17% ROE) look strong. I am not saying that this can't go lower, but from a value perspective, BBD or ITUB look like a good bet.