O uso da análise fundamentalista na escolha de uma carteira de ações

Abstract

This paper aims to demonstrate the advantages of the use of Fundamental Analysis in the strategy of investing in stocks to estimate the fair price of action that will make up the portfolio of stocks by analyzing the composition of the Brazilian capital market by identifying processes of selecting portfolios of companies that compose the Bovespa index. To this end, we carried out a review of the literature seeking to identify the main actors, lines of thought and work on the subject. There was a review of the origin, evolution and pillars of the School of Fundamental Analysis. There was also a study and results obtained on a portfolio of stocks selected at the beginning of the MBA course and followed until the end of the MBA course. The findings suggest that the Fundamental Analysis is that the capital market is efficient in the long term recovery can occur inefficiency in the short term, that would be corrected over time.