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6 pts

Opinion on  Vivo Participacoes S.A. (VIV)     Sector: Services  >  Industry: Communications Services
Brazil is calling

May 04, 2008 03:47 AM GMT
Return Risk
+4.64% HIGH
Sr. Analyst

VIV recently turned a quarterly profit.  Improving fundamentals and the appeal of a mobile phone play in Brazil may send this ADR to test $10. 

Brazilian equities have had quite a run up but although a pullback is likely, the upward trend for brazilian stocks is likely to continue for several months.
EWZ tracks the Bovespa and is a fine way to play this uptrend.  I am also taking small positions in NETC (CABLE, VOIP), VIV (a cell phone service provider) and SBS (a water utility)


VIV:  This call was made on 05/04/08 @ $7.47
Rating:   Positive   $7.47 (05/04/08)
Gain/Loss:   +291.83% in 555 days
Target:   $9.50 (+27.18%) in Three months
Allocation:   1.5% of portfolio


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