Townhall.com, Where Your Opinion Counts
Talk Radio:   Bill Bennett   Mike Gallagher   Dennis Prager   Michael Medved   Hugh Hewitt   
BREAKING NEWS  LeftArrow - Townhall.com : Conservative, Political, Republican   RightArrow - Townhall.com : Conservative, Political, Republican  
Columns, funnies & more in your inbox!
  • Check the boxes and send us your email address to receveive your free newsletter
  • Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
  • Townhall.com’s weekly inside scoop on what’s happening behind the scenes in the world of politics. When news breaks, we report.
  • Signup to receive the latest daily Townhall cartoons
Friday, June 19, 2009
Brian D. Pacampara :: Townhall.com Columnist
4-Star Stocks Poised to Pop: Credicorp
by Brian D. Pacampara
Vote on It:
Average Vote:
[+] Text [-]
 
 
Poll
Was the Copenhagen Global Warming Summit Walk-Out a Win for the U.S.?


Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Credicorp (NYSE: BAP), Peru's largest financial services provider, has earned a respected four-star ranking.

With that in mind, let's take a closer look at Credicorp's business and see what CAPS investors are saying about the stock right now.

Credicorp facts

Headquarters (founded)

Lima, Peru (1889)

Market Cap

$4.74 billion

Industry

Diversified Banks

Trailing-12-Month Revenue

$1.67 billion

Management

Chairman/CEO Dionisio Romero

CFO Alvaro Correa

Return on Equity (average, last three years)

21.3%

Dividend Yield

2.5%

Competitors

Citigroup (NYSE: C)

Bank of Nova Scotia (NYSE: BNS)

CAPS Members Bullish on BAP Also Bullish on

Vale (NYSE: VALE)

PotashCorp (NYSE: POT)

Apple (Nasdaq: AAPL)

CAPS Members Bearish on BAP Also Bearish on

Boston Properties (NYSE: BXP) 

Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS.

Over on CAPS, fully 204 of the 220 members who have rated Credicorp -- some 93% -- believe the stock will outperform the S&P 500 going forward. These bulls include All-Stars rofgile and captfluffy, both of whom are ranked in the top 2% of our community.

Late last month, rofgile tapped Credicorp as a particularly potent Peruvian play:

Peru has been doing well. I will watch this ranking based on how well Peru does as a stable political country. The rise of China greatly benefits Peru as it is a trading partner for exporting resources/agriculture etc.

In a pitch from one month earlier, captfluffy expands on that bullish line of thinking:

I was in Peru April 09 and the economy appears to be solid. The political situation is stable. Talking to the locals they are not in fear of the global downturn.

In 2007 Peru GDP grew 9%. In 2008 the growth was 9.8%. In 2009 they are projected to grow 3%, which is much better than some industrialized countries around the world.

This bank is huge in Peru, especially Lima which holds 45% of the country's population. The bank will benefit from the Peruvian government's increased spending and stable structure.

What do you think about Credicorp, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 135,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

Share:
Vote on It:
Average Vote:
 
About The Author

Brian D. Pacampara is an investment expert and analyst for the Motley Fool.

Be the first to read Brian D. Pacampara's column. Sign up today and receive Townhall.com delivered each morning to your inbox.

Sign Up to Post Your CommentsSign Up to Post Your Comments
If you are already registered, click here to login. Otherwise, please take a few seconds to register with Townhall.com. Once you sign up, you’ll be able to post your comments immediately, use the action center, get podcasts, and more!
Note: Fields marked with a red asterisk (*) are required.
Salutation:
First Name:
*
Last Name:
*
Email:
*
Nickname:
*
Note: Nick name will be shown when you post comments.
Address 1:
*
Address 2:
City:
*
State:
*
Zip:
*
Phone:
      
Your daily must-read of conservative columns, cartoons and news. Coulter, Sowell, Krauthammer and more.
(Bi-Weekly) We highlight the best opportunities from our partners for surveys, action items and more.