CPFL Energia http://www.so-l.ru/tags/show/cpfl_energia Sat, 28 Mar 2020 23:20:17 +0300 <![CDATA[State Grid gains controlling stake in Brazil's CPFL]]> http://www.so-l.ru/news/y/2017_01_24_state_grid_gains_controlling_stake_in_br Tue, 24 Jan 2017 13:04:04 +0300 <![CDATA[CPFL Energia goes ex-dividend today]]> http://www.so-l.ru/news/y/2017_01_13_cpfl_energia_goes_ex_dividend_today Fri, 13 Jan 2017 15:37:53 +0300 <![CDATA[China’s State Grid to buy additional stake in Brazil’s CPFL Energia]]> http://www.so-l.ru/news/y/2016_09_26_china_s_state_grid_to_buy_additional_sta Mon, 26 Sep 2016 15:07:31 +0300 <![CDATA[State Grid to conclude Brazil's CPFL deal Friday: source]]> ]]> http://www.so-l.ru/news/y/2016_09_01_state_grid_to_conclude_brazil_s_cpfl_dea Thu, 01 Sep 2016 03:02:10 +0300 <![CDATA[State Grid said to get control of US$7b utility in Brazil]]> http://www.so-l.ru/news/y/2016_08_16_state_grid_said_to_get_control_of_us_7b Tue, 16 Aug 2016 04:29:10 +0300 <![CDATA[Will Brazilian Stocks Benefit From the Summer Olympics?]]> Smart investors should be looking for ways to make money on just about anything, and that includes events that are seemingly not related to the financial markets. With the Summer Olympics on the horizon, the world’s eyes will be on the Games in Rio, and that means investors’ eyes should be there too.

Past Trends

If we want to make money during this year’s Olympics, we first have to identify how the market has trended during past Olympic events. Interestingly enough, there appears to be a positive correlation between market activity and the Summer Olympic Games.

According to Investopedia, which traced market performance during the 26 Summer Olympics since 1900, the Dow Jones Industrial Average has gained an average of 4% between the opening and closing ceremonies of the Games. Overall, there have been positive returns during 68% of the Summer Olympics.

In recent years, performance has been mixed. During the London Games, the DJIA gained 2.5%, and the 2004 Games in Athens saw returns of 3.76%. On the other hand, the Beijing Summer Olympics, which were held in the midst of the 2008 financial crisis, saw the market lose about 1%.

It’s also important to note that host countries generally see gains that mirror that of the American markets. One exception to note is that the Shanghai Composite dove about 7.7% during the 2008 Games.

Conditions in Brazil

Of course, we also need to take a look at the economic conditions in Brazil at the moment. Those who have been keeping in touch with the South American nation in the lead up to these Olympics will know that Brazil has seen its fair share of economic and political instability lately.

In May, President Dilma Rousseff was suspended from her role to face impeachment on corruption charges. Just a few weeks ago, a conservative lawmaker who led the ouster of Rousseff was forced to resign from his position following accusations that he accepted up to $40 million in bribes. Long story short, the Brazilian government has been a bit of a mess over the last year or so.

More recently, however, there has been some improvements in the political climate. A couple weeks back, Acting President Michel Temer and Finance Minister Henrique Meirelles announced that the country’s annual deficit would be reduced in 2017. Brazil’s stock market hit an eight-week high in response to the news.

Some of Brazil’s major economic giants have been rebounding throughout the year as well. Shares of primarily state-owned oil company Petrobras PBR have gained over 90% on the year, and the Brazilian portion of this BRICS motif is up 24% over the same timeframe. The custom fund, which is also up 28% over the past month, holds positions in Telefonica VIV, TIM Brasil TSU, CPFL Energia CPL, Sabesp SBS, Electrobras EBRYY, CEMIG CIG, and COPEL ELP.

Tickers to Watch

For the most part, the Rio Olympics and the remaining political uncertainty should already be priced in to Brazilian stocks. With that said, there could be a few tickers that see a nice period of green during and after the Games.

First of all, investors that feel confident about the state of the Brazilian economy should check out the iShares MSCI Brazil Capped ETF EWZ. This ETF uses a 25/50 capped methodology and tracks the overall performance of the equities market in Brazil. This ETF has been slowly gaining throughout July, and if the Rio Olympics go off without a hitch, it could continue to climb as a result.

Investors might also want to check out AmBev ABEV, the Brazilian subsidiary of Anheuser-Busch InBev BUD. AmBev is the biggest brewery in Latin America, and the company also distributes a large portion of PepsiCo PEP products throughout the region.

This one comes from a simple idea; people love to drink, especially at major sporting events. Again, the Olympics are certainly factored into AmBev’s current price, but the continued economic recovery of Brazil could help boost this stock even further.

Bottom Line

While there has been plenty of instability in Brazil for some time now, it’s finally looking like the government and some of the major companies are turning things around. Investors should continue to look toward the Olympics as a unique investing opportunity. In the past, the markets have favored the Summer Games, and some stocks could be ready to take off.

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CEMIG SA -ADR (CIG): Free Stock Analysis Report
 
CPFL ENERGI-ADR (CPL): Free Stock Analysis Report
 
SABESP -ADR (SBS): Free Stock Analysis Report
 
PETROBRAS-ADR C (PBR): Free Stock Analysis Report
 
ANHEUSER-BU ADR (BUD): Free Stock Analysis Report
 
PEPSICO INC (PEP): Free Stock Analysis Report
 
ISHARS-BRAZIL (EWZ): ETF Research Reports
 
TELEF BRASIL SA (VIV): Free Stock Analysis Report
 
TIM PARTICP-ADR (TSU): Free Stock Analysis Report
 
AMBEV-PR ADR (ABEV): Free Stock Analysis Report
 
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http://www.so-l.ru/news/y/2016_07_20_will_brazilian_stocks_benefit_from_the_s Wed, 20 Jul 2016 01:22:00 +0300
<![CDATA[State Grid to buy 23% stake in Brazil's CPFL]]> http://www.so-l.ru/news/y/2016_07_05_state_grid_to_buy_23_stake_in_brazil_s Tue, 05 Jul 2016 09:09:35 +0300 <![CDATA[China State Grid приобретет контрольный пакет акций CPFL Energia за $1,8 млрд]]> http://www.so-l.ru/news/y/2016_07_04_china_state_grid_priobretet_kontrolniy Mon, 04 Jul 2016 14:18:00 +0300 <![CDATA[CPFL Energia (CPL) Shares March Higher, Can It Continue?]]> As of late, it has definitely been a great time to be an investor in CPFL Energia S.A. CPL. The stock has moved higher by 20.8% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider CPL’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as CPL has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company.

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CPFL ENERGI-ADR (CPL): Free Stock Analysis Report
 
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Zacks Investment Research]]>
http://www.so-l.ru/news/y/2016_06_23_cpfl_energia_cpl_shares_march_higher Thu, 23 Jun 2016 16:09:00 +0300
<![CDATA[Can The Uptrend Continue for CPFL Energia (CPL)?]]> Investors certainly have to be happy with CPFL Energia S.A. CPL and its short term performance. After all, the stock has jumped by 28.8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for CPL?

While we can never know for sure, it is pretty encouraging that estimates for CPL have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #2 (Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks.

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CPFL ENERGI-ADR (CPL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.]]>
http://www.so-l.ru/news/y/2016_03_28_can_the_uptrend_continue_for_cpfl_energi Mon, 28 Mar 2016 17:57:00 +0300
<![CDATA[CPFL Energia reports Q4 results]]> http://www.so-l.ru/news/y/2016_03_21_cpfl_energia_reports_q4_results Mon, 21 Mar 2016 16:29:57 +0300 <![CDATA[CPFL Energia reports Q3 results]]> http://www.so-l.ru/news/y/2015_11_13_cpfl_energia_reports_q3_results Fri, 13 Nov 2015 15:29:19 +0300 <![CDATA[Brazil stocks lower at close of trade; Bovespa down 2.65%]]> http://www.so-l.ru/news/y/2015_09_18_brazil_stocks_lower_at_close_of_trade_b Fri, 18 Sep 2015 23:25:00 +0300 <![CDATA[Brazil stocks lower at close of trade; Bovespa down 1.83%]]> http://www.so-l.ru/news/y/2015_09_04_brazil_stocks_lower_at_close_of_trade_b Fri, 04 Sep 2015 23:25:00 +0300 <![CDATA[CPFL Energia reports Q2 results]]> http://www.so-l.ru/news/y/2015_08_14_cpfl_energia_reports_q2_results Fri, 14 Aug 2015 14:39:27 +0300 <![CDATA[Brazil stocks higher at close of trade; Bovespa up 0.46%]]> http://www.so-l.ru/news/y/2015_08_05_brazil_stocks_higher_at_close_of_trade Wed, 05 Aug 2015 23:30:00 +0300 <![CDATA[Brazil stocks higher at close of trade; Bovespa up 0.37%]]> http://www.so-l.ru/news/y/2015_07_07_brazil_stocks_higher_at_close_of_trade Tue, 07 Jul 2015 23:30:00 +0300 <![CDATA[CPFL Energia reports FY14 results]]> http://www.so-l.ru/news/y/2015_03_27_cpfl_energia_reports_fy14_results Fri, 27 Mar 2015 13:34:00 +0300 <![CDATA[CPFL Energia EPS of R$0.09]]> CPFL Energia EPS of R$0.09

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http://www.so-l.ru/news/y/2014_11_14_cpfl_energia_eps_of_r_0_09 Fri, 14 Nov 2014 17:29:40 +0300
<![CDATA[Can the Rally in CPFL Energia (CPL) Shares Continue? - Tale of the Tape]]> Can the Rally in CPFL Energia (CPL) Shares Continue?

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http://www.so-l.ru/news/y/2014_06_19_can_the_rally_in_cpfl_energia_cpl_shar Thu, 19 Jun 2014 16:37:43 +0400
<![CDATA[Can The Uptrend Continue for CPFL Energia (CPL)? - Tale of the Tape]]> Can The Uptrend Continue for CPFL Energia (CPL)?

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http://www.so-l.ru/news/y/2014_03_28_can_the_uptrend_continue_for_cpfl_energi Fri, 28 Mar 2014 14:41:01 +0400