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Banco Bradesco: A Brazilian Play Unaffected by US Financial Crisis

 May 29, 2008 08:18 AM UTC
Return Risk
-9.08% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
YHOO n/a
BBD Positive 05/29/08 -6.57% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

When seeing Banco Bradesco (BBD) fall again after retreating for several days, I thought that it was time to add to an already smaller but profitable positionto that I first accumulated several weeks ago. Here is a graph of how the stock has traded the past year, as of Tuesday’s close, courtesy of Yahoo! Finance (YHOO):

 


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