Andina, Net Servicos, Copel and Telemar
Zacks.com releases the latest Analyst Interview. Today's interview
is with senior analyst Claudio Freitas, who discusses AmBev (NYSE:
ABV), Embotelladora Andina (NYSE: AKO.A), Net Servicos (Nasdaq: NETC),
Copel (NYSE: ELP) and Telemar (NYSE: TNE).
¶ A synopsis of today's Analyst Interview is presented below. The
full article can be read at http://at.zacks.com/?id=2678.
¶ For investors looking to increase their holdings in Latin America,
where do you believe the least-volatile areas might be?
¶ I believe that companies focused in the local consumer market can
outperform. In countries like Argentina and Chile, economic growth
remains high and the outlook is still positive. In Brazil, I remain
encouraged by the declining interest rates coupled with well-behaved
inflation. I believe there is room for continued interest rate cuts in
Brazil for the rest of 2006 and at least for the first half of 2007.
In this sense, I guess that utilities and consumer products would make
interesting investments, including electric utilities, the beverage
industry and telecom companies.
¶ Would now be a good strategic time to buy into the Latin market,
or would later be better?
¶ I guess that the right moment to buy might be closer to the end of
the year, when there will be a more clear picture of the economic
conditions in the U.S. and the effect on commodities prices. However,
it is impossible not to note that there are some Latin stocks trading
with very attractive valuations. Some investors with higher risk
tolerance could consider this a good moment to start buying some
¶ Which stocks do you consider highly attractive at this time?
¶ I believe that the beverage sector remains interesting. I like
AmBev (NYSE: ABV) in Brazil and Embotelladora Andina (NYSE: AKO.A) in
Chile. Net Servicos (Nasdaq: NETC), the Brazilian cable television
operator, is also an interesting growth case that deserves attention.
Regarding utilities, I believe Copel (NYSE: ELP) and Telemar (NYSE:
TNE) in Brazil are undervalued and should benefit from a combination
of increasing demand and lower interest rates.
¶ Read the full interview at http://at.zacks.com/?id=2647.
¶ About Zacks Equity Research
¶ Zacks Equity Research provides the best of quantitative and
qualitative analysis to help investors know what stocks to buy and
which to sell for the long-term.
¶ Continuous coverage is provided for a universe of 1,150 publicly
traded stocks. Our analysts are organized by industry which gives them
keen insights to developments that affect company profits and stock
performance. Recommendations and target prices are six-month time
¶ Zacks "Profit from the Pros" e-mail newsletter provides highlights
of the latest analysis from Zacks Equity Research. Subscribe to this
free newsletter today by visiting http://at.zacks.com/?id=2679.
¶ About Zacks
¶ Zacks.com is a property of Zacks Investment Research, Inc., which
was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew
he could find patterns in stock market data that would lead to
superior investment results. Amongst his many accomplishments was the
formation of his proprietary stock picking system; the Zacks Rank,
which continues to outperform the market by nearly a 3 to 1 margin.
The best way to unlock the profitable stock recommendations and market
insights of Zacks Investment Research is through our free daily email
newsletter; Profit from the Pros. In short, it's your steady flow of
Profitable ideas GUARANTEED to be worth your time! Register for your
free subscription to Profit from the Pros by going to
¶ Zacks Investment Research is under common control with affiliated
entities (including a broker-dealer and an investment adviser), which
may engage in transactions involving the foregoing securities for the
clients of such affiliates.
¶ (a)The Zacks Performance Rank performance is the total return of
equal weighted simulated portfolios consisting of those stocks with
the indicated Zacks Rank net of fees. Results reflect the reinvestment
of dividends and other earnings. Simulated results do not represent
actual trading and may not reflect the impact that economic and market
factors might have had on decision-making if an adviser were actually
managing a client's money.
¶ (b)The S&P 500 Index ("S&P 500") is a well-known, unmanaged index
of the prices of 500 large-company common stocks selected by Standard
& Poor's. The S&P 500 includes the reinvestment of all dividends, no
transaction costs, and represents the gross returns before management
¶ Disclaimer: Past performance does not guarantee future results.
Investors should always research companies and securities before
making any investments. Nothing herein should be construed as an offer
or solicitation to buy or sell any security.
Terry Ruffolo, 312-630-9880, ext. 213
Press spacebar to pause and continue. Press esc to stop.