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.
___________________________________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter
Can’t get connected to 12631 site? Help
amhanlon–Pardon the inconvenience. Passing along the issue now.
i see payout ratio of 160% and yield of 4.5%. what’s special about it?
It was higher when I first got in. $4.5% is solid.
love it bro, love brazil right now. meli, pbr, ewz, adding this to the list. please continue to share any such names
Agreed