Money Times' 'Buy or Sell' highlights of the week (Image: Reuters)
The current situation of Vale (ELECTION 3) gained prominence in Money Times this week. The role of the bitter miner remains at around 20% in the year.
There were many factors behind the downfall. Starting with the astral hell that struck Vale, with a governance crisis and attempts to interfere with the Federal Government in the choice of CEO, although denied, and the uncertainties surrounding the disaster settlement of Mariana.
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See the analysis and more highlights in the 'Buy or Sell?' section below:
Vale (VALE3) returns to R$100? Will China never be the same? And what about dividends? Understand in 5 points what is at stake
If at the beginning of the year we had warned the investor that the Ibovespa would break records, I would certainly think that the Vale (ELECTION 3) would be in better conditions. This is because the mining company, which has a weight of 10% in the index, behind only Petrobras (PETR3;PETR4), has a strong relationship with the IBOV.
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CSN Mineração (CMIN3) is the most expensive iron ore mining company in the world, says BTG
O BTG remains pessimistic about prices iron ore and, by extension, with the stock exchange shares. The bank does not have a buy recommendation for any stock in the sector.
According to analysts Leonardo Correa, Marcelo Arazi and Bruno Lima, the Vale (ELECTION 3) is trading at 4.3x EBITDA (operating income) for 2025, with dividend yields of 6-7% and considerable risks of negative earnings revisions versus consensus.
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Harvest: Brava (BRAV3) has potential for a 'leg up' of over 60%; dividend yield reaches double digits
A Brava (BRAV3), a new company that emerged from the 3R e Enautahas not yet taken off on the stock exchange. Since its debut, the stock has fallen 4%, amid the oil weak and negative news, such as the shutdown of the Papa Terra field, the company's largest.
However, if the investor is patient, he or she could catch a 64% rise in the stock. At least that is the view of the Harvest. The recommendation is to buy and the target price is R$35.
Check out the full article.
Good and cheap: 5 stocks that cannot be missing from your portfolio, according to Itaú BBA
In the midst of a still attractive market, the Itau BBA listed five stocks that he considers cheap and attractive.
According to analysts, Brazil is the most discounted compared to its average and Z-Score, while offering a superior return profile to emerging markets and the US, and similar earnings growth.
Check out the full article.
Petrobras (PETR4) Rally: Investors can ride a 40% rise in shares, sees BofA
O Bank of America raised the target price of Petrobras (PETR3;PETR4) from R$47 to R$51, which opens up a potential increase of 40% compared to the close of this Wednesday (18). The recommendation is to buy.
The elevation occurs after the BofA update the estimates of oil. In addition, the bank changed the exchange rates with more recent forecasts.
Check out the full article.