Banco Macro (BMA) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, BMA crossed above the 20-day moving average, suggesting a short-term bullish trend.
Outside of Nvidia (NVDA), two companies that impressively exceeded their quarterly earnings expectations this week and continued the incredible rally in their stocks are Deckers Outdoor (DECK) and Macro Bank (BMA).
Banco Macro S.A. (NYSE:BMA ) Q1 2024 Earnings Call Transcript May 24, 2024 12:00 PM ET Company Participants Nicolas Torres - IR Jorge Scarinci - CFO Gustavo Manriquez - CEO Conference Call Participants Ernesto Gabilondo - Bank of America Brian Flores - Citibank Marina Mertens - Latin Securities Carlos Gomez - HSBC David Pardo - Puente Hermanos Operator Good morning, ladies and gentlemen, and thank you for waiting.
Here is how Banco Macro (BMA) and First Bancorp (FBP) have performed compared to their sector so far this year.