COPEL Q2: Another Mixed Result, Maintain Buy
ELPCopel(ELP) Seeking Alpha·2024-09-12 15:03
James O'NeilInvestment Thesis I recommend buying COPEL (NYSE:ELP) (NYSE:ELPC) after its neutral 2Q24 results, with stable revenues and margins offset by a strong profit, driven by a non-recurring effect. However, I saw great trends such as cost and expense control, in addition to a nice pragmatism that reduced the company's leverage, and I also want to talk about my last recommendation.  Last Recommendation (The Author)   With an attractive valuation, and after my purchase recommendation with a 13% retu ...