Brazil Mining Companies, Banks to Gain, Goldman Says

Brazilian mining companies, banks, homebuilders and transportation companies will likely eclipse gains for retailers, which have led this year’s advance in Latin America’s largest market, Goldman Sachs Group Inc. said.

Homebuilder PDG Realty SA Empreendimentos & Participacoes, payment processor Cielo SA and private equity firm GP Investments Ltd. were added to the Goldman Sachs focus list of Latin American stocks, analysts at the New York-based bank said in a note today. Consumer-goods company Hypermarcas SA was removed.