NewroadTrader

Buy $BAP - NRPicks 30 Abr.

Long
NYSE:BAP   Credicorp Ltd.
Credicorp Ltd. is a financial services holding company that provides financial products and services primarily in Peru and internationally. It operates through four segments: Universal Banking, insurance and pensions, microfinance with small and micro-enterprises, and Investment Banking and Wealth Management.

We are aiming for the company to present good quarterly results next week so that political fears for the election in Peru are somewhat overshadowed.

The company fell 22% since April 5 and has reached an interesting level where a recovery could be taken advantage of thanks to a slight change in polls and the upcoming debate changing investors' perspectives.

2020
- Income $ 3.9B
- Net income $ 99.59M
- EBIT $ 918M
- Cash $ 1.4B
- LTDEBT / EQUITY 0.92
Trade closed manually:
10 May

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