The largest Brazilian network of pet shops, a social network and a manufacturer of electric motors are among Toro Investimentos’ recommended actions for this week. The brokerage also recommends classic papers, such as those of Petrobras (PETR4).
According to Toro Investimentos, the recommendation for the purchase of shares in the Petz network (PETZ3), which operates in the retail for animals, is due to a fat result in the fourth quarter of 2021 – which tends to continue growing, in the opinion of experts at company.
Regarding Petrobras, the broker recommends the PETR4 shares because it believes that, until the end of the month, the company still has a chance of showing appreciation, as “it is a solid company, which has been delivering consistent results”.
The engine manufacturer Weg (WEGE3) appears among the bets because, according to Toro, it has “an excellent management, consistent profits and business diversification, with sales abroad corresponding to about half of the revenue”. As it is not dependent on the domestic market, the stock benefits from a higher dollar scenario.
Toro also plays its chips in FBOK34, Facebook’s stock — or Meta as it’s now called. Toro believes that Mark Zuckerberg’s shares are priced too low and, after two months of significant declines, the “paper begins to demonstrate the possibility of a recovery in the coming weeks.”
