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Update Gerdau (GGB) in my Jubak’s Picks portfolio
Pretty much what you’d expect in first quarter earnings from a steel exporter in the current global economy—but after a 20% gain in 2012—more than twice the 9.6% pickup in Brazil’s Bovespa index—what...
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Sell Gerdau (GGB)–the stock is up aggressively in the current rally even as...
I think a modest amount of concern is in order about the Brazilian economy. Which, of course, has repercussions for Brazilian stocks, especially cyclical Brazilian stocks such as steelmaker Gerdau...
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