Banco Do Brasil: Outperforming And Reasonably Valued (OTCMKTS:BDORY)

Banco do Brasil headquarters next to the esplanade of ministries.

Mauricio Graiki

Being majority-owned by the Brazilian state might raise eyebrows among some readers, but Banco do Brasil (OTCPK:BDORY)(“BdB”) has nonetheless registered meaningful outperformance recently versus privately-owned peers Itaú (ITUB) and Bradesco (BBD)(BBDO).

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