BTG Pactual bank has set up a recommended portfolio with shares that remunerate shareholders above the market average and on a recurring basis. The set has ten actions.
For this month, the energy company CPFL (CPFE3) and the insurance companies Porto Seguro (PSSA3) and BB Seguridade (BBSE3) left. Enter: Energisa (ENGI11), mining company Vale (VALE3) and Banco do Brasil (BBAS3).
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“We made room for the entry of Vale, which should continue with its strong cash generation; Banco do Brasil, which should present the best set of results among the large retail banks”, BTG disclosed in a report.
Energisa, according to the company’s specialists, also entered the portfolio as there is a positive expectation of results.
Check below, in an excerpt with access only to subscribers, the other recommendations of the bank.
The telephone company Telefônica (TLNC34), the banks Bradesco (BBDC4), Itaú Unibanco (ITUB4), the energy companies Engie (ENGI), Alupar (ALUP11) and Companhia de Transmissão de Energia Elétrica Paulista (TRPL4), in addition to BrasilAgro (AGRO3), which specializes in selling rural properties, kept their places in the portfolio.
The bet on banks, according to BTG, comes as many investors expect the sector to be a kind of safe haven in the current scenario of inflation and higher interest rates.
Investments in wind and solar power generation projects, which should start operating this year, are what make Alupar more attractive, says BTG.
Energisa became a choice after the company announced its five-year business plan, continuing to pursue opportunities in transmission, renewable energy, biogas and eventually gas distribution. Engie intends to invest in mergers and acquisitions.
BrasilAgro can do well due to its agricultural operations and new land development.
Telefônica, the owner of Vivo, will benefit from the consolidation of the sector, especially after the consolidation of Oi Móvel. Since the beginning of the year until today, Vivo has outperformed the Ibovespa, by approximately 2.5 percentage points.
