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Grupo Supervielle: Buy The Recent Pullback
SUPVGrupo Supervielle(SUPV) Seeking Alpha·2024-08-03 16:57

Mindful Media/E+ via Getty Images Investment Thesis Following a nice rally since the election of Milei in the end of 2023, Argentinian bank stocks have had a nice run-up signaling the market's confidence in the newly appointed leader. Since then, the stocks have pulled back a bit, giving investors a chance to buy the dip in my view. The bull case for Argentinian bank stocks remains strong in my view as shock therapy and significant government spending cuts should reign in inflation, strengthening the econom ...