Cedears shot up to almost 40% in June: which were the companies that led the rises

The most traded Cedears climbed almost 40% and the operators maintain that this performance is due to the fact that They are companies that could benefit from the possible end of aggressive monetary policy by the Fed. For the month, on Wall Street, the indices gained nearly 6% for the Nasdaq and S&P 500, and 4% for the Dow Jones.

Thus, the biggest rise, among the most traded papers, was for the electric car manufacturer that Tesla climbed 37.6%.

In this case, “the last positive factor behind the company has to do with its recent announcement of a partnership with Ford (F) and General Motors (GM) so that both companies can use Tesla electric chargers in the United States and Canadanews that will serve to accelerate the adoption of electric vehicles in North America,” said Maximiliano Donzelli, Head of Research at IOL investoronline on the causes of the rise.

For its part, the Cedear of Petrobras flew 30.8%. Regarding the Brazilian oil company, “recently some financial entities, such as Goldman Sachs, have improved the rating of the company’s securities. From their point of view, the company in the energy sector has an attractive valuation and the problems politicians surrounding the company was reduced,” Donzelli added.

Other companies that stood out in the last month were: Tenaris (+23.5%), Coinbase (+23.5%), Vista Energy (+20%), Apple (+15.1%), Amazon (+12.8%) and Johnson and Johnson (+12 .6%). As for the Cedears ETFs, the nine ended in green, the main ones were: MSCI Brazil (+20.1%), the ARK of innovation (16.7%), and the Russell 2000 (12.5%).

What’s coming up for the second semester?

Eugenia de Irureta, Head of Research of Bavsa, Scopeexplained that it is important to distinguish between investors who strictly seek dollarize portfolios of those who want to get some profitability in that currency. For the former, he recommended “Cedears with low volatility in relation to the market, which allow them to maintain the valuation in dollars of the portfolio, are a great option. Alternatives to this strategy can be Coca Cola, Johnson & Johnson, Walmart, Kimberly Clark Corp., Unilever.”

For the second group of investors, de Irureta is confident that “we still have a long way to go in the technology sectorin growth companies missed by the AI-driven rally“. On the other hand, he assured that “the brazilian shareseither EWZ ETFwhich tracks the performance of large and mid-cap companies in Brazil, currently show attractive entry point and upside potential.”

For its part, Portfolio Personal (PPI) in its latest Cedears monitor, stated: “Several market leaders suggest holding positions in AI adopters rather than manufacturers, which looks more than consistent when it comes to minimizing risks. While it is true that manufacturers could benefit from the high demand, those who make use of this technology will be able to optimize their businesses and show faster progress. In addition, under this strategy the risk of a sharp contraction is partially mitigated.”

Some AI “adopter” companies listed on the local stock exchange are, according to PPI, Microsoft, Google, Adobe, Snatchap, Netflix, Meta, Spotify, Amazon and Apple.

For his part, Emilse Córdoba, director of Bell Bursátilgave his gaze to Ambit about the guidelines to take into account to put together a competitive portfolio for the coming months: “If we think about the performance they have had in recent times with the bullish rally of technology companies, mainly reflected in the Nasdaq. Although nothing indicates that the increases in this category do not continue, yes They start to slow down“.

In this regard, he recommended: “To the extent that the S&P 500 and Dow Jones show an increase in volume, it would be a good time to take profit from technology companies with a percentage of the portfolio and a good time to buy more traditional assets and with a delay in their quotes, as in the financial industry”.

Finally recommended diversify investments: “Within the Cedears we also have the ETF of both indices (DIA and SPY)which allow us to invest in a diversified way by copying the performance of the indices, without having to decide to invest in a particular asset. Improve investment diversification by minimizing risks“.