Best Brazil Stocks

This Brazil Stock forecast was generated by the I Know First Algorithm through its analysis of market data and is part of the By Country Package. The full forecast includes daily predictions for a total of 20 stocks with bullish and bearish signals:

• Top 10 Brazil stocks for the long position
• Top 10 Brazil stocks for the short position

Package Name: By Country – Brazilian Stocks
Recommended Positions: Long
Forecast Length: 3 Days (07/30/2017 – 08/02/2017)
I Know First Average: 2.75%

The algorithm correctly predicted 9 out 10 of the suggested trades in the By Country – Brazilian Stocks Package for this 3 Days forecast. ITUB was the highest-earning trade with a return of 5.82% in 3 Days. Additional high returns came from BBD and CBD, at 4.92% and 4.04% respectively. The package had an overall average return of 2.75%, providing investors with a 2.53% premium over the S&P 500’s return of 0.22% during the period.

Itaú Unibanco Holding S.A. provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts time, savings, and demand deposits; and offers personal, payroll, vehicle, and mortgage loans, as well as credit cards. The company also provides asset management, custody and bookkeeping, consortium, investment banking, and electronic payment means services, as well as private banking services. In addition, it offers property, casualty, and life insurance products, as well as reinsurance products; pension plans; and consumer finance credit, as well as capitalization, leasing, and brokerage services. Itaú Unibanco Holding S.A. has 4,891 branches and client service branches; 94 digital branches; and 2 6,412 automated teller machines. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. Itaú Unibanco Holding S.A. was founded in 1944 and is headquartered in São Paulo, Brazil.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

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Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.