I would like to expand my South America theme and came across the bank $BDORY (+0,71 %) bank. With my brokers only as ADR, no one has B3 access for $BBAS3
Banco do Brasil is one of the largest and oldest financial institutions in Latin America, but it's controlled by the Federal Government, and under the current administration, it's doing very poorly. It's the main financier of agribusiness. The first-quarter results were significantly lower than expected. Wait for the next results, as they could fall further and be a great buy. This bank has been around for over 200 years. It's a good bank, and if Brazil's president changes next year, it will appreciate.
