PPC - JBS: Positive Momentum And Attractive Valuation
2024-06-23 08:29:39 ET
Summary
- JBS is the largest animal protein company globally, with a robust business model, geographic diversification, and strong relationships with farmers and distributors.
- JBS has good operational indicators and 18% discount in valuation compared to peers, experiencing positive momentum and reducing leverage.
- The company's latest results show all these attributes in improving margins.
Investment Thesis
I recommend buying JBS (JBSAY) shares. Brazil is a powerhouse in agribusiness, and JBS knew how to take advantage of this competitive advantage. The company has expanded globally, and its geographic diversification mitigates country-specific risks and brings less volatility to results....
JBS: Positive Momentum And Attractive Valuation