Cedears in March: what opportunities do experts see after the sharp drop in recent weeks

While financial dollars they’re coming from fall sharply in February, Wall Street capped its fourth consecutive month with Profits and closed at record levels. Both news drive the prices of Argentine Deposit Certificates (Cedears) but with opposite forces. Given this, it is worth asking, Is it time to buy, sell or hold?

Mateo ReschiniOnshore Strategist Inviuin a conversation with this medium, said that beyond the fluctuations of the CCL dollar, “We don’t like that approach of only thinking of Cedear merely as a dollarized vehicle” he said and added: “We are more interested in the particularities of companies.”

“We have a portfolio of cedars in which we keep what are the most even roles value (more conservative companies) and growthlet’s say, growth and some technological” he expressed and completed: “We liked Brazil’s position a little with the EWX. We liked bets in the technology sector with Google and now we are also a little more defensive“.

How to build a winning portfolio in this context

From IOL investonlineinside of Portfolio More stable investments They recommended having in your portfolio: Dow Jones DIA ETF since it is made up of 30 blue-chip US stocks, PepsiCo (PEP) because it is located in an attractive area with respect to Coca Cola and the ETFs of the S&P500 (SPY) since it is one of the most important benchmark stock indices in the United States.

And within the Investment Portfolio greatest potential they recommended including ETFs Small cap companies on (IWM) as it replicates the investment results of an index composed of US small-cap equities, the ETFs of S&P500 (SPY) and Amazon (AMZN), one of the largest capitalization companies in the world.

As to Invest in the Stock Market (IEB) The portfolio includes companies such as: Coca Cola, Google, Microsoft, Meta, amazon, Nvidiahe EEM ETF, View, Free markethe SPY ETF, Berkshire Hathaway, disney, DAY, McDonald’s and United Health.

For its part, since PPIfor the conservative portfolio They maintained their position 60% in fixed income and 40% equity. “For our stock selection we continue to bet on our high dividend portfolio,” they specified, some of the companies that include them are: ExxonMobil, Chevron, Barrick Gold, Bank of America, The Coca-Cola Company, Johnson & Johnson, Procter & Gamble, Verizon Communications, JP Morgan & Chase and Dow Inc.

As to the aggressive portfolio explained: “With a North American economy that remains resilient and expanding, driven by the services sector, we remain optimistic with our positioning in SPY and QQQwhose weightings in the Spectacular Six (TSLA is not having a good year) are high.

At the same time, they held the weighting on EEM, following the annual meeting of the National People’s Congress in China, where ambitious economic goals were proposed and auspicious measures such as lifting restrictions on foreign investments were announced. However, they decided to rotate rotate from EWZto the XLE and the IWM.

Regarding the first, it is because “OPEC+ decided to maintain its production cuts for the first half of the year, we could see a rebound in the price of crude oil. As for the second, historically When the Russell maintained a lag with respect to the S&P500, it cut back to match. Considering the recent action of both indices, it seems that the process began in February.”