The last year has been a bad one for Cosan Ltd (NYSE:CZZ).
Despite strong positions in sugar, ethanol, fuel distribution, and
logistics, a struggling Brazilian economy, a weaker Brazilian currency,
lumpy results, and ongoing uncertainty over the complexity of the
corporate structure has taken a toll on the shares. Down more than 40%
over the past year (and since my last article on the company),
Cosan seems unfairly maligned and overly discounted, but this will
likely never be a stock suitable for investors who can't handle risk and
volatility.
Continue here for the full article:
Cosan Is Complex, But Built To Win
No comments:
Post a Comment