4.9

Goldman Sachs said it is downgrading GOL Linhas (GOL) to Sell due to higher execution risk in absorbing/relaunching VARIG international flights. See continued difficulties in Brazil as domestic capacity expansion outpaces demand. Price target cut to $19 from $32.

P/E of 14, a PEG of 1.67, and pays a yield of 2.5%.

Name: GOL LINHAS AEREAS INTELIGENTES SA
Sector: AIRLINES

price = 24

Brazils growing middle class should allow airline to grow

it has potential to be a good performing stock due to the fact that it is the only low fair airline in brazil

brazilian airline looking to be a monopoly. just both major competition varig. 47 percent increase in passenger seats and expanding overseas routs.

Picked up on a 4% down turn on some transporation numbers.

growth

lost money

I bought it, watched it teeter around, then I heard Cramer say that all Latin America stocks are treated as a trade and not an investment by the "Street." I got out of it at a small loss, and watched it slide since. Good Luck!

IBD recommendation