Are you a technical investor? If so, it may be time to consider Banco Bradesco SA (NYSE: BBD) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for BBD.
This trend may have already begun, as shares of BBD have moved by higher by 18.5% in just the past month. Plus, BBD has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Banco Bradesco has plenty of life left.
This trend may have already begun, as shares of BBD have moved by higher by 18.5% in just the past month. Plus, BBD has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Banco Bradesco has plenty of life left.
BANCO BRADESCO (NYSE: BBD): Free Stock Analysis Report
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