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UBB Analysis & Videos »
UBB: Bull or Bear?
arnings rose 27.5%
UBB
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Unibanco (UBB) recently announced that its first-quarter earnings rose 27.5% due to strong growth in its loan portfolio. Last week the Brazilian government announced an economic stimulus package that it said would provide the equivalent of more than $13 billion in export credits and tax cuts, which should benefit Unibanco's business. The stock rallied impressively last week and remains an outstanding buy! http://astuk-virtuallystocks.blogspot.com/
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UBB a strong growth stock
UBB
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Uniao de Bancos Brasileiros ( Portuguese for Brazilian Banks Union ), or Unibanco ( NYSE:UBB ) is Brazil's third largest banking company, headquartered in Sao Paulo. It is currently undergoing very strong growth due to Brazil's strength on the world trading markets. Its current P/E is very high at 216.96, but this is because of high revenue growth estimates by analysts, and is unlikely to be overvalued. Analysts estimate that next year, based on current prices, the P/E will have dropped to 11.76. ( http://finance.yahoo.com/q?s=UBB ). Unibanco is well positioned to en...
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