Jun. 21 2011 - 10:46 am (Forbes)
Is Argentina overheating?Grupo Financiero Galicia S.A. (GGAL – Snapshot Report) is expected to see triple digit earnings growth in 2011 as the Argentinean economy heats up. Shares, however, have fallen in the last few weeks, making this Zacks #1 Rank (strong buy) even more attractive.
Grupo Galicia is the holding company for Banco Galicia, one of Argentina’s oldest banks, which provides financial services to corporations and individuals throughout Argentina. It also is a big supplier of credit cards.
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