Brazil - Highflyers

Components Performance/Risk
Period Return
23.2%
Return Rank
Above Average
Risk Exposure
Above Average

Focused on mostly Brazilian companies,  'Highflyers' are very successful companies in Latin America, with international recognition for well-established firms such as aeronautic conglomerate Embraer, giant meat producer JBS or global mining concern Vale

Because of the size of their home - and continent-sized - markets, domestic highflyers such as PagsSeguro (on-line & mobile payment services), recently NASDAQ-listed digital Nu Bank and Argentina's Mercado Libre (e-commerce) attest of the high adoption rate of digital technologies, especially in commercial applications

The wild swings of some stocks listed in this theme should not deflect the investor's attention from the strong underlying potential of the fast growing consumer makets of Latin America

Financial technology firms such as StoneCo or XP might emerge as strong winners and justify bookmarking along  with further inquiry

 

Powerful banking groups such as Itau Unibanco or Banco Bradesco, and industrial conglomerates such as Gerdau or Suzano, are foundations of the continent's economic future

With very low trade volume of its OTC listing, retailer Magazine Luiza  - market cap $1.8 billion - has not been included in the selection

A more extensive list of Brazilian stocks on U.S. exchanges, including various ETFs issued by iShares, Franklin Templeton, VanEck, First Trust and ProShares, is also posted on Pininvest

Theme Components
Name
Ticker
Sector
Industry
Cur. Price
Mkt. Cap
Performance
Momentum
Risk Rank
Risk Contrib
 
MercadoLibre MELI ServicesE-commerce Services1,798.7092 B-24.1% Weak Up Above Average
Cogna Educacao (ADR) COGNY ServicesEducational Services0.44-12.6% Neutral High Risk
Embraer (ADR) ERJ Industrial GoodsAerospace/Defense - Major Diversified64.4812 B35.4% Weak Up Low Risk
Gerdau (ADR) GGB Industrial GoodsMetal Fabrications - General4.7710 B59.8% Weak Up Average Risk
Suzano (ADR) SUZ Industrial GoodsPulp, Paper & Print8.3410 B-10.3% Neutral Below Average
Itau Unibanco Holding (ADR) ITUB FinanceCommercial Banks (National & Regional)8.3580 B49.0% Weak Up Below Average
Nu Holdings NU FinanceCommercial Banks (National & Regional)13.5966 B6.6% Weak Up Average Risk
XP Inc. XP FinanceFinance Business Services16.838.6 B3.4% Neutral Above Average
Saneamento Basico do Estado de Sao Paolo (ADR) SBS UtilitiesWater Supply5.7320 B50.4% Neutral Average Risk
Vale (ADR) VALE Basic MaterialsGlobal Mining14.8364 B54.6% Weak Down Below Average
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