Brazilian investment firms issue new stock trading recommendations

Financial institutions in Brazil have issued new tactical stock recommendations for short-term trading. BB Investimentos recommended a buy for Vale (VALE3) in swing trade operations, citing expectations of an upward movement tracked by algorithms. Conversely, the firm advised selling Gerdau (GGBR4) shares, suggesting that the asset had successfully completed an upward movement and that investors should realize accumulated gains.

In a separate weekly portfolio update for the period of August 14 to 21, Terra Investimentos replaced Sabesp (SBSP3) with WEG (WEGE3). The decision to remove Sabesp followed the triggering of a protection stop after the stock fell 8.87% in the previous week. Despite the tactical exit, analysts maintained a positive medium-term outlook for Sabesp due to solid fundamentals. The updated Terra portfolio now consists of equal 20% weights in WEG, MBRF, Suzano, Hypera, and Iguatemi.