BDORY: Exposure To Brazil's Commodity Economy
Banco Do Brasil(BDORY) Seeking Alpha·2024-09-12 19:11
Kutay Tanir Brazil is the world's fifth-largest country and seventh-most populous, with over 215 million people. Its economy is eleventh by GDP at $1.92 trillion, behind Italy and ahead of Australia. Brazil is a significant producer and exporter of commodities that feed, power, and provide shelter and infrastructure to people worldwide. Banco do Brasil S.A. (OTCPK:BDORY) shares have just over $29 billion market cap at $5.02 per share. BDORY shares reached a $10.86 high in late 2010 when commodity prices wer ...