There's no question that Brazil remains a popular emerging/developing
market for international and global investors. Unfortunately, it's all
too common for long-term macro calls ("buy Brazil") to have only passing
relevance to particular sectors or companies. In the case of Brazilian
banks such as
Banco Bradesco (NYSE:
BBD), lower interest rates hold the potential for compressing net interest margins and bank profit/
return on equity
(ROE) growth just as we've seen lately in the United States. While
investing money in Brazil may make sense today, Bradesco is not looking
like the best means of going about it.
Continue reading here:
http://www.investopedia.com/stock-analysis/2013/Brazils-Growing-But-That-May-Not-Help-Banco-Bradesco-Enough-BBD-ITUB-BSBR-BAC0122.aspx
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