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I agree with the probability you have given for selecting an outperforming stock and it is even harder in emerging markets such as Brazil with the BRICS having tanked and the overall global economy in the doldrums. This is part of the reason for looking at economies and sectors that have fallen out of favor or don't receive a high degree of coverage. Overall BBD is a good well managed bank I just couldn't see sufficient upside for investors.
Kind regards,

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I agree with the probability you have given for selecting an outperforming stock and it is even harder in emerging markets such as Brazil with the BRICS having tanked and the overall global economy in the doldrums. This is part of the reason for looking at economies and sectors that have fallen out of favor or don't receive a high degree of coverage. Overall BBD is a good well managed bank I just couldn't see sufficient upside for investors. Kind regards,