Banco Bradesco S.A. (ADR) (BBD)

Too much beating on the stock since beginning of the year, as many other financial companies. It is in a 12-month low.

But this bank is holding a 20% market share of the Brazilian commercial banking business, good efficiency and most important, excellent macroeconomic outlook: country growth, and interest rates cuts, which contribute to higher margins. It expect it to clearly outperform.

Brazilian banks have come from an environment in which the speed of money movement was critical to profitability and thus they have become global benchmark in certain banking capabilities. After the high inflationary days were over they managed to successfully impose revenue model alterations that protected top line from eventual revenue loss from 'foating' and built a lucrative 'service charge' revenue stream. For 2007 it is expected that credit levels in Brazil will see significant growth due to decreasing interest rates. THis should add to a already strong Revenue, profitability and ROE profile.

Very aggressive in expanding customer base, without the usual concern of focusing on the more affluent costumer segment, Bradesco has created a sustainable business model to serive a local income customer base. This positions the back well, as its alignment with a very broad market segment sets it appart from competitors.

Bombardier has a wide range of products in the transportation industry. Its Rail car division is selling a tremendous amount of rolling stock as both Subway cars and traditional rolling rail cars around the world. The airline industry has had the wind knocked out of its sails for several years with both 9/11 aftermath and the number of crashes in the last couple of years , taking its toll on the idustry. BUT, with the age of many of the planes that are in service, with China and India's economies going gangbusters and the necesscity to switch to 70-90 passenger regional airplanes, this comapany is well positioned on the world stage with its main competitor for the planes of this size being Embraere (Brazil). The recreational vehicles section, which makes Ski-doos and other off raod vehicles has always been strong. Put together this is a stock that has been battered but not beaten. I have bought into this stock 4 times previously and made money and intend to again.

The rise of the brazilain middle class and general increase in living standards largely brought about by their oil and mineral finds will pull up the whole economy and create a greater need for products such as those this firm supplies.

Brazilian market is very very strong. BBD is largest bank. Will also leverage strength to gain significant revenue from card opperations.

Strong and solid institution. Gained 4% today in Brazil in the same day that it's loosing almost 30% in the US, practically hitting it's 1 year low. Seems like and excellent mid-long term opportunity.

A foreign bank that has been beat down in the US market along with the sub-prime mortgage crisis. BBD has minimal sub-prime mortgage risk and stock is cheap compared with similar stock with the same earnings and dividend pay out.
The stock is highly volatile. But in the long run, it will beat the S&P 500.

Undervalued...

95

10/2006

Earnings Per Share (EPS) Rating
87
Relative Price Strength (RS) Rating
84
Industry Group Relative Strength (Grp RS) Rating
C+
Sales + Profit Margins + ROE (SMR) Rating
A
Accumulation/ Distribution (Acc/Dis) Rating
B+

Strong bank whose shares have taken a beating. Brazil market has been cool but should be bouncing back.

It's the same as the symbol for bombardier.

With the credit boom in Brazil, this bank is solidly positioned to take advantage.

Brazil

Brazil is the place to be now.

Brazilian bank with forecast for solid earnings growth for the next two years.

nice value here.

Brazil is surging

tracking IBD recommendation.

Good solid bank we have here! A no-brainer...