iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Update on a Long-Term Position

20117-004-69F312D8

CPFL Energia S.A. (CPL), the Brazilian utility firm with a big yield which I have previously discussed as a long-term investment idea, is very encouraging as it indicates a major higher low could easily now be in place.

I added to my long-term investment here.

After a multiyear downtrend, seeking out the higher low is critical in determining whether a true change in trend is afoot.

The longer it holds over $19, the better.

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CPL

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6 comments

  1. amhanlon19

    Can’t get connected to 12631 site? Help

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  2. matt_bear

    i see payout ratio of 160% and yield of 4.5%. what’s special about it?

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  3. mhass33

    love it bro, love brazil right now. meli, pbr, ewz, adding this to the list. please continue to share any such names

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