Companhia Brasileira de Distrib. (ADR) (NYSE:CBD)
The Company operates primarily as a retailer of food, clothing, home appliances and other products through its chain of hypermarkets, supermarkets, specialized and department stores.
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rolling the dice...!
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Good 3 Yr EPS + 3 Yr Revenue Growth
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I am trying to pick the best companies in their respective industry that also pay a dividend.
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My guess is that long term the people in this fast growing economy need milk/bread/toasters too. Inflation may dent Brazil short term, just hold until it recovers.
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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.
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supercycle
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CBD is the number one supermarket company in Brazil, I don't see how a fast growing economy like Brazil will not outperform on retail side. A good buy.
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