SocialPicks Sentiment:
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This Quarter's Sentiment:
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SocialPicks Community
Bulls in Control
ITU
Called Bottom Too Soon
ITU
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Looks poised to test zero number before finding possible support. However, has again moved below its 200 day, could go much lower.
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Brazil to be regional powerhouse - Itau (ITU) Brazil's second biggest bank
ITU
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Banco Itaú ( NYSE:ITU ) is Brazil's second largest banking company, having 11% market share. It is, like other Brazillian banks, headquartered in Sao Paulo. It is currently undergoing very strong growth due to Brazil's strength on the world trading markets (Brazil currently has a trading surplus of US$30Bn, rather than a trade deficit , as it had in the 1990s). Its current P/E is sensible at 13.64, (Unibanco, the next biggest Brazillian bank, has a P/E of 200+) and the company pays out respectable dividend, currently 1.3% of share price. Unibanco is well positioned to enjoy strong fut...
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Brazil to be regional powerhouse - Itau (ITU) Brazil's second biggest bank
ITU
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Banco Itaú ( NYSE:ITU ) is Brazil's second largest banking company, having 11% market share. It is, like other Brazillian banks, headquartered in Sao Paulo. It is currently undergoing very strong growth due to Brazil's strength on the world trading markets (Brazil currently has a trading surplus of US$30Bn, rather than a trade deficit , as it had in the 1990s). Its current P/E is sensible at 13.64, (Unibanco, the next biggest Brazillian bank, has a P/E of 200+) and the company pays out respectable dividend, currently 1.3% of share price. Unibanco is well positioned to enjoy strong fut...
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Brazil to be regional powerhouse - Itau (ITU) Brazil's second biggest bank
ITU
|
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Banco Itaú ( NYSE:ITU ) is Brazil's second largest banking company, having 11% market share. It is, like other Brazillian banks, headquartered in Sao Paulo. It is currently undergoing very strong growth due to Brazil's strength on the world trading markets (Brazil currently has a trading surplus of US$30Bn, rather than a trade deficit , as it had in the 1990s). Its current P/E is sensible at 13.64, (Unibanco, the next biggest Brazillian bank, has a P/E of 200+) and the company pays out respectable dividend, currently 1.3% of share price. Unibanco is well positioned to enjoy strong fut...
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From the Blogosphere
Brazil’s BOVESPA Shows Impressive Relative Strength
We know what the US market is doing, shrugging off every single negative news and floating higher almost effortlessly. But what about the emerging markets? One of the strongest emerging markets before the recent bear market was Brazil and it has come roaring back with a vengeance. If you think the recent gains, whether a bear market or the real thing, are impressive, then consider Brazil’s gains. 
<>Similar to almost all world markets, the Bovespa started the last bull market in late 2002 and went almost non-stop until late May 2008. As a sign of the impressive relative strength, it shrugged o...
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Ken Heebner Moves into Financials Big Time
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I cannot find the comment about Wells Fargo (WFC) [Jul 16: Wells Fargo Impresses Me] because it was in the "comments" section of one of the posts, hence not searchable, but I had theorized that the incredible strength in Wells Fargo the past few months [Oct 15: Wells Fargo Can Do No Wrong in Eyes of Stock Market] was because Heebner had moved into the stock and that sort of information gets passed along from one trading desk to another. That prediction came true - Wells is now Heebner's #1 position.
While his record has been awful of late, I still like to know <>where the brightest minds are ...
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Two Big Reasons to Remain Bullish on Brazilian Stocks
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By Jason Simpkins
Associate Editor
Brazilian stocks as measured by the country’s Bovespa benchmark stock index has fallen 20% from its May 20 record, but that doesn’t mean it’s time to give up on Latin America’s largest economy. Brazil still has plenty to offer, and with stock valuations low, it’s a good time to go bargain hunting. <>In fact, a big reason why Brazilian stocks have dropped is because the country’s central bank has been forced to raise rates to curb inflation. Policymakers have raised the benchmark rate twice since April, to 12.25%. Of course, inflation isn’t a p<><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< /><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><><>< /><>< /><>< />< />...
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Play Brazilian Economy with Itau
ITU
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The combination of moderate economic growth, increasing credit demand, and moderately high interest rates are positives for the Brazilian retail banking industry. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This pa...
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Brazil is Sexy…
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 … and not just for obvious reasons (don’t you dare click to enlarge photo). While I’ve been a long time Brazilian bull, we are starting to see it more and more in the popular press. Which is beginning to get me nervous. The more something turns into a consensus, the more crowded a trade becomes (in the near term). The long term does not change of course…
<>There are a limited amount of ways to play Brazil for American investors. We have energy giant Petrobras (PBR), mining giant Vale [formerly CVRD] (RIO), 2 major steel makers Gerdau (GGB) and Companhia Siderugica (SID), 2 major bank...
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About Banco Ita Holding Financeira S.A.
- Answers.com
