NewroadTrader

Buy $ITUB - NRPicks 28 Mar

Largo
NewroadTrader Actualizado   
NYSE:ITUB   Itau Unibanco Banco Holding SA
Itaú Unibanco Holding S.A. offers a range of financial products and services in Brazil and internationally. The company operates through three segments: Retail Banking, Wholesale Banking and Activities with the Corporate Market.

Over the past week, several investors, economists and entrepreneurs in Brazil, including ITUB shareholders, called on the government to urgently accelerate vaccination and policy discussions to cope with the pandemic.

Despite the importance of the pandemic on economic recovery in Brazil, $ITUB is a value company that due to certain metrics could be considered undervalued, taking into account P/S and P/E.

As for the technical it is in an uptrend, like the Brazilian ETF (EWZ), also, its price is at a key level on the weekly MA50.

- P/E 13.93 vs 20.42 MKT
- P/S 1.92 vs 5.09 MKT
- Net income margin 25.50%
- Dividend Yield 1.87%

Technical:
- Uptrend
- Price on WEEKLY MA50
- 1,06B shares traded in the last month
- Average RSI levels
Operación cerrada manualmente:
10 May

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