XP Investimentos included two stocks in its recommended small caps portfolio for March (Image: Getty Images)
Source: Money Times by Lorena Matos – 08/03/25
The XP Investimentos made four moves in its recommended small caps portfolio for March, adding Direcional (DIRR3) and C&A (CEAB3), reducing exposure to Iochpe-Maxion (MYPK3) and removing PetroReconcavo (RECV3).
Regarding the inclusion of Direcional, analysts believe that low-income construction stocks have suffered excessively in recent days, based on the potential impacts of news that the federal government is discussing allowing access to FGTS for those who were dismissed after opting for the birthday withdrawal.
C&A enters as part of the decision to increase exposure to cyclical names. Analysts expect the fashion retailer to continue delivering results above competitors in the short term.
With the reduction of Iochpe-Maxion’s weight from 10% to 5%, XP aims to slightly reduce the portfolio’s exposure to dollarized companies, as well as realize some gains after a strong performance this year.
In February, XP’s small caps portfolio recorded a negative performance of 4.5%, compared to a 2.6% decline in the Ibovespa (IBOV) and a 3.9% drop in the Small Caps Index (SMLL).
See the small caps recommended by XP for March
| Company | Ticker | Weight | Current Price (28/02/2025) | Target Price | Upside Potential |
|---|---|---|---|---|---|
| Ânima | ANIM3 | 10% | R$ 1.69 | — | — |
| CBA | CBAV3 | 10% | R$ 5.19 | R$ 9.00 | 73% |
| C&A | CEAB3 | 5% | R$ 9.87 | R$ 12.00 | 22% |
| Copasa | CSMG3 | 10% | R$ 23.27 | R$ 26.00 | 12% |
| Cury | CURY3 | 10% | R$ 21.21 | R$ 28.00 | 32% |
| Direcional | DIRR3 | 10% | R$ 29.35 | R$ 37.00 | 26% |
| Intelbras | INTB3 | 10% | R$ 12.90 | R$ 28.00 | 117% |
| Iochpe-Maxion | MYPK3 | 5% | R$ 12.74 | R$ 19.00 | 49% |
| Orizon | ORVR3 | 15% | R$ 41.62 | R$ 56.00 | 35% |
| Marcopolo | POMO4 | 15% | R$ 7.35 | R$ 11.00 | 50% |
