-
Volatility Still The Name Of The Game With Brazil ETFs
Tuesday, April 16, 2019 - 8:45am | 500Read More...Brazilian stocks are among the more volatile emerging markets fare. The iShares MSCI Brazil ETF (NYSE: EWZ), the largest Brazil exchange traded fund trading in the U.S., has a three-year standard deviation of 31.57 percent compared to just 13 percent on the MSCI Emerging Markets Index. What...
-
BTIG Likes MercadoLibre's Prospects In Brazil
Wednesday, March 13, 2019 - 2:12pm | 385Read More...The fintech industry is booming in Latin America, and one analyst sees a winner in Mercadolibre Inc (NASDAQ: MELI). The Rating BTIG analyst Marvin Fong maintained a Buy rating on MercadoLibre and raised his price target from $395 to $410. The Thesis By BTIG’s assessment, the fintech company...
-
RBC Lowers Vale Price Target After 'Enormous Tragedy' In Brazil, Anticipates $10B Liability
Monday, February 4, 2019 - 3:56pm | 387Read More...Brazilian mine operator Vale SA (NYSE: VALE) dominated news headlines after one of its dams in the town of Brumadinho burst, killing dozens of people, with hundreds still missing. The fallout could weigh on investor sentiment and the stock, according to RBC Capital Markets. The Analyst...
-
Vale's Stock Tanks As Dam Disaster Death Toll Rises
Monday, January 28, 2019 - 10:43am | 482Read More...Vale SA (NYSE: VALE) stock plummeted for the second consecutive session on Monday following a damn collapse on one of its Properties in Brazil last week. What Happened On Friday, Vale stock dropped 8 percent after a damn on the company’s Corrego do Feijao mine near Brumadinho, Brazil...
-
Should Investors Consider Emerging Markets, Asia? These 2 Pros Say Yes
Wednesday, January 2, 2019 - 1:21pm | 403Read More...Asian markets are off to a rough start for the year after disappointing data from China, but with valuations at "rock-bottom levels," there's opportunity to be found internationally, according to Eastspring Investments' Ken Wong. Wong: Asian Pickup In Second Half Of...
-
You Can Ditch Brazil But Keep Latin America With This New ETF
Thursday, November 1, 2018 - 12:36pm | 425Read More...Brazil is Latin America's largest economy. As such, it usually commands the most attention among investors evaluating the region's opportunities. Even supposedly diverse Latin America regional exchange traded funds are heavily allocated to Brazil. A ETF takes a unique approach, offering...
-
Bolsonaro Wins Brazilian Presidential Election
Monday, October 29, 2018 - 12:10pm | 538Read More...Brazilian stocks soared Monday following presidential elections in the country. What Happened Far right candidate Jair Bolsonaro scored a decisive victory in the run-off Brazilian presidential election, landing 55.2 percent of the vote. His competitor Fernando Haddad drew 44.8 percent of the vote....
-
StoneCo's IPO: What You Need To Know
Thursday, October 25, 2018 - 10:24am | 443Read More...Brazilian payments processor StoneCo Ltd. is set to begin trading on the Nasdaq Global Market Thursday under the ticker symbol “STNE.” The Details StoneCo priced a 50.7-million-share IPO at $24 per share Thursday morning, according to Benzinga Pro. The company had said in an...
-
Wall Street Is Warming Up To Petrobras
Monday, October 8, 2018 - 2:26pm | 409Read More...Brazil stocks are on fire Monday after the nation’s the first round of presidential elections, and one Wall Street analyst has taken the opportunity to upgrade Brazil’s PETROLEO BRASIL/ADR (NYSE: PBR), also known simply as Petrobas. The Analyst JPMorgan analyst Rodolfo Angele upgraded...
-
Brazilian Stocks Soar On Election Results
Monday, October 8, 2018 - 12:04pm | 523Read More...Brazilian stocks soared on Monday following the first round of presidential elections in the country. What Happened Far right candidate Jair Bolsonaro scored a decisive victory in the first round of the Brazilian presidential elections, landing 46.7 percent of the vote. His nearest competitor drew...
-
Emerging Markets? More Like Diverging Markets
Thursday, October 4, 2018 - 1:28pm | 515Read More...The following originally appeared on Tradestation's Market Insights blog A sharp dichotomy has appeared in emerging markets as Asia struggles and oil rallies. The iShares MSCI India ETF (NYSE: INDA) is down 8 percent in the last two weeks and the iShares China Large-Cap ETF (NYSE: FXI) has...
-
It Might Finally Be Time For Emerging Markets ETFs
Wednesday, October 3, 2018 - 12:24pm | 576Read More...The signs remain somewhat faint, but some market observers believe those signs are mounting in favor of emerging markets resurgence. Plenty of exchange traded funds, including the iShares Core MSCI Emerging Markets ETF (NYSE: IEMG), would like for that thesis to be proven positive. IEMG, one of the...
-
5 Worst ETFs Of The First Half: Emerging Markets Pain
Monday, July 2, 2018 - 1:15pm | 1052Read More...The year is half over and at this point, it's accurate to say emerging stocks and the related exchange traded funds are struggling. The widely followed MSCI Emerging Markets Index is off 7.4 percent year-to-date compared to a gain of 2.5 percent for the S&P 500. Of the 20 worst-performing...
-
Bank Of America Upgrades Petrobras, Says Return To Financial Health Likely
Thursday, May 10, 2018 - 3:49pm | 424Read More...Improving oil prices mean a "major change" to the investment profile of Brazil-based Petroleo Brasil/ADR (NYSE: PBR), according to Bank of America Merrill Lynch. The Analyst BofA's Frank McGaan upgraded Petrobras rating from Neutral to Buy with a price target lifted from $26 to...
-
PagSeguro's Brazil Opportunity Is 'Compelling,' KeyBanc Says In Bullish Initiation
Friday, April 13, 2018 - 10:05am | 420Read More...PagSeguro Digital Ltd (NYSE: PAGS), a Brazil-based mobile payment provider that focuses mostly on micro-merchants, small- and medium-sized companies, faces a "compelling" opportunity in its home market, according to KeyBanc Capital Markets. The Analyst KeyBanc Capital Markets...
















