Banco Santander Brasil (NYSE:BSBR)

CAPS Rating: 4 out of 5

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Player Avatar jsgant13 (99.08) Submitted: 9/13/2010 1:30:53 PM : Outperform Start Price: $10.88 BSBR Score: -81.31

Blue Ridge Capital

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Member Avatar jsgant13 (99.08) Submitted: 9/30/2010 1:23:18 PM
Recs: 0

stock is relatively flat over TTM and trades a sub 10 multiple. Brazil is quickly shaking off the derelict hands of socialism that once plagued the country. Brazil is becoming a world leader and is building strong trading partners with many commodity rich developing countries. As the country becomes more rich, this bank benefits. I will monitor Blue Ridge's Capital position to see how they play it.

For more info, head over to marketfolly and read the write up on Pendo Investments and Blue Ridge's portfolio

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