Banco do Brasil BB Brasil Stock (OTC: BDORY)

Banco do Brasil BB Brasil Stock (OTC:BDORY), Trade Ideas

Banco do Brasil BB Brasil

Banco do Brasil SA BB Brasil is a Brazilian financial services company present in several countries. The business segments are Banking, Investments, Fund Management, Insurance, Electronic payments, and others. Majority of the revenue is generated from its Banking segment. Banco do Brasil serves retail clients (small and midsize enterprises and individuals), wholesale clients (corporations), and public institutions. The products and services portfolio includes accounts, Loans, cards, financing, and others.

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While US equity stocks produced nice returns, the Brazil market did better. What ETF shows this best?

3 Stocks That Help Drive Brazilian Equity&#39;s Outperformance Over US Equity In 2023

Short Ideas

Trading Ideas

On Tuesday, shares of Banco Do Brasil Sa (OTC: BDORY) experienced volatile short activity. After the activity, the stock price went up +1.43% to $9.24.

The overall sentiment for BDORY has been Bullish.

Short Volatility Alert: Banco Do Brasil SA

On Thursday, shares of Banco do Brasil S.A. (OTC: BDORY) experienced volatile short activity. After the activity, the stock price went down -2.52% to $6.58. 

The overall sentiment for BDORY has been Neutral.

Short Volatility Alert: Banco do Brasil S.A.

BANCO DO BRASIL SA S/ADR by Banco Do Brasil SA

Banco do Brasil SA BB Brasil

U.S. equity may have soared to nice heights in 2023. Growth stocks, especially those belonging to the Tech sector, have been leading the way. 
The market benchmark S&amp;P 500 index tracking ETF — the SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) — is up 23.22% for the year as we head towards the 2023 close. 
There is, however, another ETF that has returned more to investors this year <a href="https://www.benzinga.com/topic/s-p-500-index">than the SPY</a>.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2023/12/13104517/EWZ-vs-SPY-YTD.jpg" alt="" class="wp-image-160659" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2023/12/13104517/EWZ-vs-SPY-YTD.jpg 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2023/12/13104517/EWZ-vs-SPY-YTD-300x260.jpg 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
The blue line above represents the iShares Inc iShares MSCI Brazil ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EWZ#NYSE">EWZ</a>). It returned 32.27% in the year so far; 9% over and above what investors got from putting their money into U.S. equity. 
Let&#8217;s look at some stocks that helped drive this outperformance.
Petroleo Brasileiro SA Petrobras (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PBR#NYSE">PBR</a>): This Brazilian integrated oil and gas company&#8217;s stock is up 59% YTD. With its preferred shares, PBR stock commands over 15% of the EWZ portfolio. Petrobras has a market cap nearing $100 billion. The company is focused on rapid production growth and strong returns.
With a unique portfolio, it plans to spend over $100 billion over the next five years, growing production by double digits. Balance sheet issues have been resolved and the business is capable of providing significant returns for shareholders, mostly in the form of dividends.
Read: <a href="https://www.benzinga.com/markets/cryptocurrency/23/11/35959053/crypto-exchange-okx-launches-in-brazil-targets-latin-americas-largest-market">Crypto Exchange OKX Launches In Brazil, Targets Latin America&#8217;s Largest Market</a>
Itau Unibanco Holding SA ADR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITUB#NYSE">ITUB</a>): One of Brazil&#8217;s largest private banks, Itau Unibanco commands 7.82% of the EZ portfolio. The stock is up about 53% YTD. With a reported ROE of more than 21%, Itaú Unibanco&#8217;s financial performance demonstrates exceptional efficiency. The bank keeps its NPL levels steady at 3% and maintains strong asset quality. 
It is anticipated that the departure from Itaú Argentina will not substantially affect 2023 profitability.
Banco do Brasil SA BB Brasil (OTCPK: BDORY): This state-controlled bank in Brazil commands 2.61% of the EWZ portfolio. The stock is up over 75% YTD. The bank performs well, surpassing domestic counterparts with a 21.3% ROE. 
The increase in delinquency rates and the quarter&#8217;s lower net profit growth have raised some mild concerns. The loan portfolio, however, grew significantly year over year.
Now Read: <a href="https://www.benzinga.com/markets/equities/23/12/36215932/growth-stocks-outpace-value-by-10-as-2023-nears-end-will-the-trend-continue">Growth Stocks Outpace Value By 10% As 2023 Nears End: Will The Trend Continue?</a>
Photo: Shutterstock

3 Stocks That Help Drive Brazilian Equity's Outperformance Over US Equity In 2023

On Tuesday, shares of Banco Do Brasil Sa (OTC: <a class="ticker" href="https://www.benzinga.com/stock/bdory#OTC">BDORY</a>) experienced volatile short activity. After the activity, the stock price went up +1.43% to $9.24.
The overall sentiment for BDORY has been Bullish.
The signal from the volatility alert is trending Bearish. Therefore, the recommendation is to Strong Sell.
The volatility alert was produced on the prior trading date, 6/6/2023 with a volatility change of +428.99%. The current volatility indicator stands at 23.921.
Overview: 
The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.
Understanding the Volatility Alert: 
Overall sentiment is considered &quot;bear&quot; when broad market activity of the stock has been shown to indicate a negative directional basis, or is considered &quot;bull&quot; when indicating a positive directional basis. The securities lending volatility indicator provides a signal when it detects unusual short activity. Unusual short activity is based off a computer generated algorithmic formula utilizing securities lending trade details such as the volume of shares being shorted, the rate being paid to short the shares, and the type of collateral being posted - amongst other variables. The current volatility is the respective trading day&#39;s calculated securities lending volatility value. The volatility percentage change is the percentage difference in volatility between the two most recent days. The recommendation is a suggestive strategy, inferred from the strength of the Signal Trending, Current Volatility, and Volatility % Change. Recommendations may include, &quot;Strong Buy&quot;, &quot;Strong Sell&quot;, &quot;Increase Short Exposure&quot;, &quot;Decrease Short Exposure&quot;, or &quot;Market Neutral&quot;.
ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE

On Thursday, shares of Banco do Brasil S.A. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/bdory#OTC">BDORY</a>) experienced volatile short activity. After the activity, the stock price went down -2.52% to $6.58.&nbsp;
The overall sentiment for BDORY has been Neutral.
The signal from the volatility alert is trending Bullish. Therefore, the recommendation is to Decrease Short Exposure.
The volatility alert was produced on the prior trading date, 6/16/2022, with a volatility change of +81.32%. The current volatility indicator stands at 14.287.&nbsp;
Overview: 
The securities lending volatility indicator is produced by Tidal Markets, in partnership with Benzinga Insights. Securities lending primarily serves the purpose of providing liquidity to short sellers. When unusual activity occurs in the securities lending markets, it acts as an upstream indicator to what is likely to occur downstream in the regular stock market.
Understanding the Volatility Alert: 
Overall sentiment is considered &quot;bear&quot; when broad market activity of the stock has been shown to indicate a negative directional basis, or is considered &quot;bull&quot; when indicating a positive directional basis. The securities lending volatility indicator provides a signal when it detects unusual short activity. Unusual short activity is based off a computer generated algorithmic formula utilizing securities lending trade details such as the volume of shares being shorted, the rate being paid to short the shares, and the type of collateral being posted - amongst other variables. The current volatility is the respective trading day&#39;s calculated securities lending volatility value. The volatility percentage change is the percentage difference in volatility between the two most recent days. The recommendation is a suggestive strategy, inferred from the strength of the Signal Trending, Current Volatility, and Volatility % Change. Recommendations may include, &quot;Strong Buy&quot;, &quot;Strong Sell&quot;, &quot;Increase Short Exposure&quot;, &quot;Decrease Short Exposure&quot;, or &quot;Market Neutral&quot;.
ANY INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE OR IMPLY INVESTMENT ADVICE