Banco Bradesco Is Growing In Rural And SME Into A Credit Tightening Cycle

Core Viewpoint - The bank's results appear strong, trading at an attractive earnings multiple of less than 7x, but there is significant accumulation of long-only investments, focusing on operational evaluations rather than market-driven dynamics [1] Group 1: Investment Strategy - The investment approach emphasizes understanding long-term earnings power and competitive dynamics of companies, favoring a buy-and-hold perspective [1] - Most recommendations will be holds, reflecting a cautious stance in a bullish market, with only a small fraction of companies deemed suitable for buying at any time [1] Group 2: Market Dynamics - The articles aim to provide critical information for future investors, fostering skepticism in a market that may be overly optimistic [1]