{"id":14992,"date":"2020-10-01T11:56:45","date_gmt":"2020-10-01T14:56:45","guid":{"rendered":"https:\/\/www.amarilfranklin.com.br\/?p=14992"},"modified":"2020-10-01T11:56:52","modified_gmt":"2020-10-01T14:56:52","slug":"btg-troca-jbs-e-lojas-americanas-por-gerdau-e-magazine-luiza-na-10-de-outubro","status":"publish","type":"post","link":"https:\/\/www.amarilfranklin.com.br\/index.php\/2020\/10\/01\/btg-troca-jbs-e-lojas-americanas-por-gerdau-e-magazine-luiza-na-10-de-outubro\/","title":{"rendered":"BTG troca JBS e Lojas Americanas por Gerdau e Magazine Luiza na 10+ de outubro"},"content":{"rendered":"\n[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”3.22″ transparent_background=”off” make_fullwidth=”off” use_custom_width=”off” width_unit=”on”][et_pb_row admin_label=”row” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” make_fullwidth=”off” use_custom_width=”off” width_unit=”on”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Texto” _builder_version=”4.6.5″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” hover_enabled=”0″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” sticky_enabled=”0″]

Por Gabriel Codas<\/p>\n

Investing.com – O BTG Pactual (SA:BPAC11) divulgou nesta quinta-feira a atualiza\u00e7\u00e3o de sua carteira recomendada de a\u00e7\u00f5es para o m\u00eas de outubro, com duas mudan\u00e7as. A equipe do banco optou pela retirada dos ativos da JBS (SA:JBSS3) e Lojas Americanas (SA:LAME4), para as entradas de Gerdau (SA:GGBR4) e Magazine Luiza (SA:MGLU3).<\/p>\n

No m\u00eas passado, o melhor desempenho ficou para as a\u00e7\u00f5es da Duratex (SA:DTEX3), com alta de 12,7%, e a maior queda para Lojas Americanas, com recuou de 12,0%. A carteira cedeu 4,1% diante de -4,8% do Ibovespa.<\/p>\n

Os analistas destacam que embora os riscos associados \u00e0 delicada situa\u00e7\u00e3o fiscal do pa\u00eds tenham aumentado nos \u00faltimos meses, as avalia\u00e7\u00f5es se ajustaram acentuadamente, com o \u00edndice agora sendo negociado a menos de um desvio padr\u00e3o acima de sua m\u00e9dia hist\u00f3rica (13,7x vs. 12,7x 2021E P\/E). O rendimento dos lucros (ou pr\u00eamio para manter a\u00e7\u00f5es) est\u00e1 agora com um desvio padr\u00e3o acima de sua m\u00e9dia hist\u00f3rica usando os lucros de 2021, mesmo ap\u00f3s o aumento nas taxas de juros reais de longo prazo. Neste ponto, eles enxergam um risco \/recompensa mais atraente para as a\u00e7\u00f5es brasileiras.<\/p>\n

A equipe decidiu por aumentar a exposi\u00e7\u00e3o \u00e0 Constru\u00e7\u00e3o e Infraestrutura com a adi\u00e7\u00e3o da produtora de a\u00e7os longos Gerdau. A demanda por obras de constru\u00e7\u00e3o est\u00e1 crescendo no Brasil e um real mais fraco abriu caminho para aumentos de pre\u00e7os do setor. Junto com Cyrela (SA:CYRE3), Duratex e CCR (SA:CCRO3), a Gerdau aumenta aa exposi\u00e7\u00e3o nos dois setores. Embora barato e bem posicionado, a op\u00e7\u00e3o foi por retirar a JBS do portf\u00f3lio.<\/p>\n

O banco tamb\u00e9m ampliou a exposi\u00e7\u00e3o ao e-commerce com a substitui\u00e7\u00e3o da Lojas Americanas pelo Magazine Luiza. Para o BTG, apesar da avalia\u00e7\u00e3o da MGLU n\u00e3o seja uma pechincha, ela aproveitou a mudan\u00e7a no comportamento do consumidor causada pela pandemia e apresentou forte crescimento e resultados s\u00f3lidos.<\/p>\n

Por fim, a vis\u00e3o dos analistas \u00e9 que o setor de telecomunica\u00e7\u00f5es est\u00e1 extremamente barato, principalmente considerando as profundas mudan\u00e7as ocorridas com a venda do Oi (SA:OIBR3) Mobile e a cria\u00e7\u00e3o do Oi Infra. A exposi\u00e7\u00e3o ao setor se d\u00e1 via Oi e TIM (SA:TIMP3). Com o real a R$ 5,62, eles continuam expostos a um d\u00f3lar forte via Vale (SA:VALE3). A bolsa de valores B3 (SA:B3SA3) do Brasil (fortes ingressos em a\u00e7\u00f5es e um boom nas atividades de ECM) e a gigante do petr\u00f3leo Petrobras (SA:PETR4) completam o portf\u00f3lio.<\/p>\n[\/et_pb_text][et_pb_post_nav in_same_term=”on” show_next=”off” admin_label=”Navega\u00e7\u00e3o da postagem” _builder_version=”3.0.87″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” hide_prev=”off” hide_next=”on”] [\/et_pb_post_nav][et_pb_post_nav in_same_term=”on” show_prev=”off” admin_label=”Navega\u00e7\u00e3o da postagem” _builder_version=”3.0.87″ use_border_color=”off” border_color=”#ffffff” border_style=”solid” hide_prev=”on” hide_next=”off”] [\/et_pb_post_nav][\/et_pb_column][\/et_pb_row][et_pb_row admin_label=”Linha” _builder_version=”3.25″ background_size=”initial” background_position=”top_left” background_repeat=”repeat”][et_pb_column type=”4_4″ _builder_version=”3.25″ custom_padding=”|||” custom_padding__hover=”|||”][et_pb_text admin_label=”Texto” _builder_version=”3.27.4″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” use_border_color=”off” border_color=”#ffffff” border_style=”solid”]

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Por Gabriel Codas Investing.com – O BTG Pactual (SA:BPAC11) divulgou nesta quinta-feira a atualiza\u00e7\u00e3o de sua carteira recomendada de a\u00e7\u00f5es para o m\u00eas de outubro, com duas mudan\u00e7as. A equipe do banco optou pela retirada dos ativos da JBS (SA:JBSS3) e Lojas Americanas (SA:LAME4), para as entradas de Gerdau (SA:GGBR4) e Magazine Luiza (SA:MGLU3). No […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"1080","footnotes":""},"categories":[1],"tags":[],"class_list":["post-14992","post","type-post","status-publish","format-standard","hentry","category-noticias"],"_links":{"self":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts\/14992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/comments?post=14992"}],"version-history":[{"count":0,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/posts\/14992\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/media?parent=14992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/categories?post=14992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amarilfranklin.com.br\/index.php\/wp-json\/wp\/v2\/tags?post=14992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}