For investors: What actions and bonds do analysts recommend from July

With the arrival of July and the start of the second semester, the specialists of the Argentine Stock Exchange already began to provide investment recommendations to put to work the pesos and dollars successfully. And unlike other years, strategies will have to be quite integral Given the challenging world macroeconomic context and for being a 2025 starring legislative elections.

The actions, great winners for July?

Argentine actions are still among the most effective alternatives recommended by specialists, contemplating that in recent months they suffered a considerable fall.

According to the consultant Omar de Luccathe buying wave was arrested for a delay in the rebound of economic activity, the lack of accumulation of reserves by the Central Bank and the impossibility of raising independent market classification to the border market.

“What does this mean? Consequently, purchasing opportunity. Above all, what is oil and banks is something that I see with a lot of bullish potential in the second semester,” said De Lucca.

In this line, from Grupo IEB they detailed that they increased weighting to the banking sector and maintained a strong position in Galicia Financial Group (Ggal), BBVA ARGENTINA (BBAR) and Macro Bank (BMA).

“We see a collapse of its multiples on the bank side of the results presented in the first quarter of 2025 and exacerbated by the global context of recent months, what we believe opens the door to an opportunity to position ourselves again in that sector,” said the analysts.

For its part, Gastón Otaolacorporate analyst at Bull Market Brokers, said he would bet on Argentine actions whose foundations are quite solid regardless of both political and economic noise that Argentina may have.

“These can become these assets: ECOGAS INVERSIONES (ECOG)gas company with good dividends; Argentine bags and markets (byma)for the growing demand for financial assets; and YPF (YPFD)since the conflict in the Middle East tends to raise the price of oil, ”said the Executive.

Julio’s stabilizer assets

On the other hand, to stabilize the wallet and reduce the potential volatility, the market advises Include fixed income titlesboth in pesos and dollars.

“We have to consider that there is already a lot of demand for exchange rate coverage. People begin to anticipate a lower supply of dollars by the agriculture also product of the withholding

“They can be fixed deadlines in dollars, which are really paying very well. They can be negotiable obligations that will pay a little more,” he added.

Meanwhile, Otaola explained that among the most attractive titles are bonds such as VSCRD of view Energy, the DNC7D from Edenor and the CS47D of Cresud, which offer an average of between 7% and 8% per year.

And in pesos, the proposal is in a particular LECAP. “We propose to have 25% in the LECAP S29G5 whose monthly performance is around 2.6% and its expiration is at the end of August. With this we achieve that, if the exchange rate remains stable during the month, we can do a bit of ‘Carry Trade’, ”he concluded.