BRF: Brazilian Equities Still Have Room To Run
BRFSBRF(BRFS) Seeking Alpha·2024-08-03 18:25
Pollyana Ventura/E+ via Getty Images Opportunity Overview 2023 was a stellar year for Brazil's stock market, as stronger growth in the economy led the market to rally by circa 22% while emerging markets had flat performance. Brazil, like many emerging markets, has been through significant economic challenges, but appears like it could outperform in 2024 and 2025. Data by YCharts Equities in Brazil have pulled back sharply since the beginning of 2024, bringing them back to the early 2023 lows, due to fea ...