Opinions
The Panic-Proof Portfolio (Stockchase Research)
Patria Investments Limited
PAX-Q
PAST TOP PICK
Nov 12, 2024
$12.280
Stock price when the opinion was issued
Financial Services
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TOP PICK
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)
Financial Services
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PAST TOP PICK
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.