Back to top

Image: Bigstock

Banco Bradesco (BBD) Looks Good: Stock Adds 8.4% in Session

Read MoreHide Full Article

Banco Bradesco S.A. (BBD - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 25.7% in the past one-month time frame.

The company has seen estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Banco Bradesco currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.  

A better-ranked stock in the Banks - Foreign industry is Societe Generale Group SCGLY, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BBD going up? Or down? Predict to see what others think: Up or Down

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Banco Bradesco SA (BBD) - free report >>

Published in