IKN

Take physic, pomp

UBS recommends Cosan (CZZ)

The trick to making money in LatAm stocks is being there first and then letting the big houses catch up. UBS has just recommended the Brazil sugarcane sector (on currency weakness) and calls Cosan (CZZ) “the preferred sugarcane processor”. Thanks for the headsup, GPB over at Market Memorandum, who’s a useful person to know and a good blog to follow.

I’m long CZZ since $2.84 (late December buy), though took half profits at $3.71. The other half has no rush to sell and I’m fishing for $5 or so. Early trades have CZZ at $3.90 this morning.

UPDATE:
Bloomie running this note on UBS and CZZ

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