This week’s Momentum Trader Alert takes you to an overseas stock market with big upside potential: Brazil.
As Brazil emerges from a two-year recession, it is attracting the attention of many investors who are shifting more of their assets away from the U.S. stock market in favor of foreign stocks. With Brazil’s economic activity increasing at its highest pace in the past eight years last month, significant momentum is returning to the Brazilian stock market.
This week’s Momentum Trader Alert is Ultrapar Participacoes S.A., (UGP), one of the largest distributors of liquefied petroleum gas in Brazil. The company is also engaged in the storage and transportation of other petrochemical and chemical products.
Ultrapar Participacoes S.A., (UGP) versus the S&P 500 over the last three months.
Momentum Trader Alert Analysis
Recommendation
Buy Ultrapar Participacoes S.A. (UGP) at market today and place your stop at $21.50.
There are no liquid options on this stock.
Portfolio Update
With your Broadcom (AVGO) July $210 calls options (AVGO170721C00210000) up 57.80%, sell half of your options here to lock in these double-digit-percentage gains.
Hold on to the rest of the options for now for potentially bigger gains between now and July.
Sincerely,
Nicholas A. Vardy
There is a growing potential that the stock market is and could be more bifurcated…
As the Middle East stands on the edge of even bigger troubles, President Joe Biden's…
Options can be divided into two broad categories: American-style options and European-style options. These two…
The bull call spread and the bull put spread are option strategies used when an…
Breaking News: My recommendation to invest in emerging markets is paying off. The Argentina Fund is now the…
In former President Donald Trump’s universe, the past 24 hours have been a severe case…