Recommended portfolio: see the most recommended stocks for July

For investors who intend to change their portfolios or resume positions in shares traded on the B3 in July, experts interviewed by CNN Brasil Business stated that the market should pay attention to commodities and the slowdown in the global economy.

The likely loosening of zero-Covid policies in China could bring improvements to emerging countries, such as Brazil, as the Asian country is a major consumer of commodities, says Bruno Madruga, partner and head of equity at Monte Bravo Investimentos.

“In this way, investors need to be aware of possible fluctuations in raw material prices, especially iron ore and oil”. Commodities have a weight of approximately 39% on the Ibovespa.

Regis Chinchila, an analyst at Terra Investimentos, also pointed out that investors should have on their radar the inflation data both from Brazil and abroad.

The next meeting of the Copom (Monetary Policies Committee) is scheduled for August 2nd and 3rd. And Chinchilla’s expectation is that Europe will start its bullish start on July 21st, of 0.25%.

“In this way, investors need to keep an eye on the slowdown in global economies, as agents [de mercado] talk of a possible recession [econômica] in the future”.

So, caution is something that we will continue to see from investors in July, and they should look for a medium to long-term allocation, Chinchila pointed out.

For the analyst, volatility should still be another factor present in the Brazilian stock market because “we are getting closer and closer to the elections”.

recommended portfolio

The shares of mining company Vale were the most suggested for this month.

Weg ranked second among the most recommended, with six recommendations. In third place was Petrobras, with five suggestions.

For the selection, the nominations of 10 banks and brokers were considered: Órama, XP, Genial, CM Capital, Toro, Warren, Ativa, Ágora, Terra and ModalMais.

Here’s what analysts say about the most recommended stocks for July:

OK

Action: VALE3

Comment: CM Capital

Vale is a Brazilian multinational mining company and one of the largest logistics operators in the country. It is one of the largest mining companies in the world and also the largest producer of iron ore pellets and nickel.

Vale suffered from the sharp drop in the price of iron ore in the last month and lost more than 8% in June. However, the company continues to be traded with interesting multiples and with a good record of dividends (projection of more than 10% for 2022 and 2023).

Weg

Action: WEGE3

Comment: Land Investments

The company has historically shown an efficient management of its profits, even in the face of challenging scenarios such as the 1st quarter. We had a growing increase in inflation and interest rates, which directly influences the costs of its raw material, however, the company managed to present positive results.

For this month, we recommend buying in assets, because, with China’s recent announcement of a billion-dollar package to resume the economy, after the period of almost 2 months of lockdown due to its Covid-zero policy, the industrial sector ends up benefiting and Brazil, as a major trading partner of Beijing, stands out.

In addition, the company has more than 50% of its revenue linked to sales abroad and with the recent rise in the dollar, Weg has strong potential for appreciation for July.

Petrobras

Action: PETR4

Comment: Activate Investments

Our curves indicate that it is possible that, in 2023, looking globally, we will have a demand higher than the supply at some moments, either due to programmed stoppages or due to the perennial demand.

Today, we discussed a lot this issue of inflation and the actions that central banks will have to take to stop it, but there are possibly some actions to mitigate this, or in the case of China, expansion actions that are not included in this account, so we continue with a very constructive scene for the oil and gas sector.

When we look at Petrobras, with 70% of its mix being made up of pre-salt oil that has great international acceptance, we see that today this risk-return matrix is ​​much more favorable in favor of the company.

Evidently, governance risks exist and are already very much reflected on paper, but when we look at the sector dynamics, the company’s cash generation and valuation, we compare it with par in Latin America, China, Russia, and we continue to see a very large discount level that makes us continue to recommend the paper.

PetroRio

Action: PRIOR3

Comment: Land Investments

PetroRio is one of the main companies in the country in the oil, gas and biofuel sector, with emphasis on its performance as an oil producer. With activities since 2008, PetroRio operates in three basins spread along the Southeast coast plus the state of Bahia.

In addition, the company also works with the recovery and modernization of assets in the segment. PetroRio has grown strong in recent years, with a good track record of creating value driven by a series of acquisitions over the past eight years that have given it control of several key assets, maximizing output from its asset base and with a sharp reduction in costs. .

The short-term potential lies in high oil prices and production from new wells in the Polvo and Frade areas.