In This Article:
We recently published a list of 10 Oversold Financial Stocks To Buy Right Now. In this article, we are going to take a look at where Banco Bradesco S.A. (NYSE:BBD) stands against other oversold financial stocks to buy right now.
On March 7th, Federal Reserve Chairman Jerome Powell indicated that the central bank is in no hurry to adjust interest rates while it awaits more clarity on the impact of President Trump’s economic policies. Powell acknowledged the Trump administration’s policy changes in trade, immigration, fiscal policy, and regulation, noting that the combined effect of these changes will be what matters for the economy and the Fed’s monetary policy. The chairman also stated that the Fed is focused on distinguishing genuine economic signals from short-term market fluctuations as the economic outlook evolves. The comments suggest the Fed will likely keep the interest rate target unchanged at its current level of 4.25% to 4.5% until there are clear changes in the economic landscape.
To discuss this recent news Hightower’s Stephanie Link, Yardeni Research’s Ed Yardeni, and BMO’s Yung-Yu Ma joined CNBC for an interview. The comments from the Chairman helped calm the market, Ed Yardeni mentioned that Powell’s remarks reflected reason and calmness as opposed to the noise-to-signal ratio, which has gone off the charts. He thinks that the markets are also trying to find reasonableness in the current environment. Yardeni noted that Powell’s analysis of the economy was right and he thinks that the economy is going to be quite resilient. Yardeni highlighted that if we look at the past 3 years the market was put up with the challenge of tightening monitoring policy and we did not go into a recession. The market is going to be tested and challenged again with the current tariff policies. Yardeni thinks that most of these policies are going to be negotiated away. However, the issue here is that negotiations are supposed to be behind closed doors. Instead, we are seeing a lot of noise in the current scenario. Regardless, Yardeni believes that the market is going to get used to the noise and will move past it with resilience.
Yung-Yu Ma agreed with Yardeni that the market is in a high uncertainty and disruption phase. He advised the investors to be patient and not chase bounces when they happen. Yung-Yu Ma believes that the economy will stabilize however it will take some time as we have a timing mismatch between the disruptions and the Fed’s decision to cut rates.
Our Methodology
To compile the list of 10 oversold financial stocks to buy right now we used the Finviz stock screener and CNN as our sources. Using the screener, we aggregated a list of financial stocks that have gone down by 10% to 30% over the past months but analysts see at least double the upside. Next, we cross-checked the performance and analyst upside potential from CNN and ranked the stocks in ascending order of their upside potential. Please note that the data was recorded on March 7, 2025.