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Banco Santander (Brasil) SA(ADR) (BSBR) [hlAlert]

down 68.02 %

Barron's picks 10 stocks as good dividend bets

Posted on: Monday,  Feb 15, 2010  9:52 PM ET by Barron's picks 10 stocks as good dividend bets

Barron's picks 10 stocks as good dividend bets rated Buy Banco Santander (Brasil) SA(ADR) (NYSE: BSBR) on 11/22/2009, when the stock price
was $13.26. Since then, Banco Santander (Brasil) SA(ADR) has lost 68.02% as of 01/19/2016's recent price of $4.24.
If you would have followed this Barron's picks 10 stocks as good dividend bets's recommendation on BSBR, you would have lost 68.02% of your investment in 2249 days.

Banco Santander SA (the Bank) is a Brazil-based bank integrating the international financial group Banco Santander Espanha. Its main business areas are the retail banking, wholesale banking, asset management and insurance. The Bank also provides crediting, financing, real estate crediting, exchange, insurance and commercial savings services. The Bank directs its products and services to individual clients, small and medium-sized companies, corporations, governmental agencies and institutions. As of December 31, 2009 the Company wholly owned Aymore Credito, Financiamento e Investimento SA, Santander Leasing SA Arrendamento Mercantil SA and Santander SA Corretora de Cambio e Titulos, among others.

Barron's Nov 23 edition cited Banco Santander's relative financial strength in a troubled industry as well as its geographic diversity and a 10-year return rate of 9.2 percent, annualized through Oct 30 2009. It also picked Nestle, the world's largest food processor, citing its product diversity and geographic reach in developed and emerging markets. Barron's also pointed to the company's $100 billion in annual sales and its ability to keep gaining market share in many of its markets.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/22/2009 4:00 PM Buy
as of 12/31/2009
1 Week down  -8.24 %
1 Month down  -7.83 %
3 Months down  -9.75 %
1 YTD down  -9.75 %

(*) Stock Price at the time of the recommendation.
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