Nevertheless, The fundamentals of many local companies have improved in recent years, which increases the opportunities to obtain promising returns, by positioning themselves in these assets in the medium term.. And from a long-term technical analysis, a promising horizon is glimpsed by showing local equity prices that lag well behind the main regional stock indices, which invites entry into a market with many opportunities for recovery.
In this context, Scope contacted experts who described what are the argentine papers that will allow to take care of the capital of savers and obtain the greatest benefits in 2023.
The unstoppable Argentine stock market: IRSA recommendation
Since invest online indicated that One of the outstanding features of IRSA was its increase in sales in shopping centers located in the Autonomous City of Buenos Aires and Greater Buenos Aires up to 145.3% year-on-yeargoing from $71,066 million to $174,303 million during the 2022 fiscal period, while those in the interior of the country increased by 51.5% in all of 2022, going from $53,015 million to $80,328 million during the 2022 fiscal period.
“The company’s extensive holding of assets has allowed it to face adverse contexts through, for example, the sale of offices. While notably improved its credit ratios by reducing the level of debt, taking it to u$s476 million from the u$s741 million it registered as of September 2020″, expressed from Invest On Line.
Mauro Mazza, Head of Research at Bull Markets held in the same sense, that the firm is making a placement that will substantially reduce its leverage. “Also, has a strong recovery in the margins for renting offices and shopopings, but also in hotels, returning to pre-pandemic normality“said the economist.
“All this is positive for the company because it reduces its exposure in foreign currency, which is an advantage in any eventuality of the exchange context”stressed the analyst.
The unstoppable Argentine stock market: Pampa Energía’s suggestion
Juan Manuel Franco Economist, head of the SBS group, indicated that This company has the plus of allowing the investor to position itself in the energy sector in a diversified way, given that It has operations in both gas and electricity generation. For his part, he stated that The commitment shown by the government to accelerate the construction of the Pte. Nestor Kirchner (GPNK) gas pipeline will allow solving the logistics bottleneck in the medium termthe main current obstacle for the sector, and Pampa will benefit from higher volumes sold both in the domestic and foreign markets.
Mazza, in this same sense, warned that possibly this business have a great financing boost from Brazil, which It would speed up the deadlines.
Also, recognized that the company has significant potential for the next 12 months because you might have a recovery of its contribution of between 30 and 40%.
The unstoppable Argentine stock market: advice on Transportadora de Gas del Sur
Franco maintained that Transportadora de Gas del Sur is the main and largest company in midstream from the countrya key sector for the search for energy self-sufficiency. In addition, it evidenced that it is present in the market for the production and sale of natural gas liquids (LNG) and supplies the local and international markets, allowing you to dose the risk of your operation.
mazza added a more holistic approach to mention that the fall in global commodity prices will affect its results for the first quarter of 2023, but recognized that it could be accommodated from the middle of the year, surpassing the returns reached by the competition.
Finally, the specialist recommended that the ideal moment for the purchase should be given with caution and that every drop greater than 10% could be taken advantage of to make a purchase, assembling a correct positioning price range.
Source: Ambito
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