Stockchase Opinions

The Panic-Proof Portfolio (Stockchase Research) Patria Investments Limited PAX-Q TOP PICK Aug 01, 2024

Stockchase Research Editor: Michael O'Reilly

PAX is a private equity company that focuses on businesses operating in Latin America, managing a portfolio over $43 billion.  The company recently reported a 17% increase in fee based earnings and expect similar earnings growth in 2025.  It trades at 16x earnings and supports a ROE of 24%.  We recommend setting a stop-loss at $10.50, looking to achieve $18.00 -- upside potential over 45%.  Yield 5%  

(Analysts’ price target is $18.73)
$12.050

Stock price when the opinion was issued

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 01/24, Up 1.7%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with PAX is stagnating.  To remain disciplined, we recommend trailing up the stop (from$10.50) to $11.50 at this time.  

premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Aug 01/24, Down 4.6%)Stockchase Research Editor: Michael O'Reilly

Our PAST TOP PICK with PAX has triggered its stop at $11.50.  To remain disciplined, we recommend covering the position at this time.