Eletrobrás: Mixed Q2, But Shows Good Signs

Viktor Block/iStock via Getty Images Investment Thesis I recommend buying Eletrobrás (NYSE:EBR) shares after the release of the 2nd quarter results. Although the company has shown an increase in costs and a reduction in profits, I believe these are isolated events. In addition, Eletrobrás continues to show excellent signs, such as a reduction in operating expenses, and the company is continuing its strategy of divesting non-core assets, which should improve its capital structure. With an attractive valuatio ...