Morgan Stanley Upgrades Banking Stocks in Argentina - Bank stocks surging ahead

[earlyretirement]

Morgan Stanley upgraded Argentine banking stocks.

 

[Betsy Ross]

I never purchased any Argentine stocks until President Milei won. I took a flyer and bought some oil and banking stocks and I am up about 150% on them in less than a year. 🤑

 

[Vince]

He has been very very good to our portfolio as well. Big run up on all my Argentine stocks. Hold a few bank stocks and they have all soared!

 

[earlyretirement]

I never purchased any Argentine stocks until President Milei won. I took a flyer and bought some oil and banking stocks and I am up about 150% on them in less than a year. 🤑

Yes, I have also stayed away from Argentine stocks the past few years. I only jumped in once President Milei won. I knew it would be very bullish for Argentine ADR's trading on the stock exchange in the USA. If you look at most sectors, everything is up significantly. Every day there is more good news, especially in the oil and gas sector. I just posted this on X.

 

[oil rush]

The oil and gas sector has a lot of room to go up even though it has had a monster run. I. have been in YPF for years. I knew the potential of all the oil Argentina has. Before Milei it was beaten up but now there will be a lot of investments in the sector.

 

[Tommy]

I got in when Stanley Druckenmiller did. When I heard him on TV speaking about how it was a good time to get in I followed his lead. Usually these people aren't wrong. He is up big on his portfolio. I just did the same as he did buying the largest ADR's. I'm up over 100% this year. Now the question is do I sell them or is there more room to go up?? I am tempted to sell some of my stocks that have gone up 150% in such a short amount of time.

 

[earlyretirement]

I got in when Stanley Druckenmiller did. When I heard him on TV speaking about how it was a good time to get in I followed his lead. Usually these people aren't wrong. He is up big on his portfolio. I just did the same as he did buying the largest ADR's. I'm up over 100% this year. Now the question is do I sell them or is there more room to go up?? I am tempted to sell some of my stocks that have gone up 150% in such a short amount of time.

You were very wise to jump in when Stanley Druckenmiller said to jump in. Those who believed in Argentina are making a fortune.

 

[earlyretirement]

UBS also praised President Milei's administration today.