Banco Macro SA (ADR) (NYSE:BMA)

CAPS Rating: 3 out of 5

A bank in Argentina which provides standard banking products and services to a nationwide customer base.


Player Avatar OklaBoston (68.01) Submitted: 2/12/2013 12:12:05 AM : Outperform Start Price: $15.28 BMA Score: -7.78

Valuation numbers too good to pass up. Should trade at least double it's current price and $50 is possible.

Member Avatar OklaBoston (68.01) Submitted: 2/12/2013 12:19:13 AM
Recs: 0

This seems to be a victim of overreaction to elimination of a dividend. Which minimizes it's appeal to income oriented investors but not for capital gains oriented ones.

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