AmBev, Brasil Telecom and Vivo CHICAGO--(BUSINESS WIRE)--May 24, 2007 Zacks.com releases the latest Analyst Interview. Today's interview is with senior analyst Claudio Freitas, who discusses Embotelladora Andina (NYSE: AKO/A), AmBev (NYSE: ABV), Brasil Telecom (NYSE: BRP) and Vivo (NYSE: VIV). A synopsis of today's Analyst Interview is presented below. The full article can be read at http://at.zacks.com/?id=2678. The Brazilian currency has been appreciating continuously. Do you believe this might be a source of concern? Just some days ago the U.S. dollar went below the psychological level of R$2.00. Four years ago the R$/US$ exchange rate was over R$3.00. This has been a huge movement, and the concern is understandable. However, I believe the continued strength of the real in the very short term is unavoidable. It is amazing to find that Brazilian domestic interest rates went down from more than 19% in September 2005 to 12.50% in May 2007 and the Brazilian real continued to gain value against the U.S. dollar. In fact, the Brazilian real is at its highest level in more than six years. For the second half of 2007, we expect more rate cuts in Brazil. Nevertheless, we understand the effect on the Brazilian real will not be very strong. The basic fundamentals behind the strength of the Brazilian real, including the positive trade balance and current account surplus, remain in place. Which industries and/or specific stocks are currently at the top of you Buy list? I have been recommending the beverage industry in Latin America for some time, and some stocks in this industry are now not that attractive anymore. Nevertheless, I still like Embotelladora Andina (NYSE: AKO/A) in Chile and AmBev (NYSE: ABV). Even though I do not find the Brazilian telecom industry particularly interesting, it is impossible not to note that the current prices of Brasil Telecom (NYSE: BRP) and Vivo (NYSE: VIV) remain very attractive. 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 http://at.zacks.com/?id=2648. 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 fees. 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. CONTACT: Zacks.com Terry Ruffolo, 312-630-9880, ext. 213 Media Relations www.zacks.com
Zacks Analyst Interview Highlights: Embotelladora Andina,
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