Theme watch · accelerating
Argentina and emerging-market stocks to watch.
As of 12 October 2026
XP Inc. shares have priced in a Flávio Bolsonaro win in Brazil's presidential race, rising 91% in three months to a record $32.22 close on 9…
Inter & Co.'s record profits sit behind an election rally that lifted its shares to $7.68; Brazil's 25 October 2026 presidential runoff decides…
Itaú Unibanco, a Brazilian bank earning a 24.3% return on equity, trades at a 52-week high on bets that Flávio Bolsonaro wins the 25 October 2026…
Sabesp's ADS trades on Brazil's 25 October presidential runoff more than on its water business, and its $6.74 close already sits above the $6.736…
"3-mo price move" is the stock's market price change, not a FrontierPicks return. The "3-mo price move" column is one of the three inputs to that score, weighted 20% — not the ranking itself, so rows do not descend in it. A dash means the name did not place in this week’s top-50 momentum scan, so it has no published 3-month figure.
How this page is built
These are the names FrontierPicks covers in the Argentina and emerging-market stocks theme, each with a dated research dossier. Names on the momentum board rank first by a composite momentum score — 1-month price trend 50%, 3-month trend 20% and acceleration 30% — computed arithmetically from daily closing prices, through the last completed session, then the rest by conviction. The research decides which stocks belong to each theme; this one currently reads as accelerating.
Questions
- What Argentina and emerging-market stocks does FrontierPicks cover?
- As of 12 October 2026, the Argentina and emerging-market stocks FrontierPicks tracks are led by XP, INTR, ITUB, SBS, each with a dated research dossier. Names on the momentum board rank first by composite momentum score, then the rest by conviction.
- Is the Argentina and emerging-market stocks theme accelerating or slowing?
- FrontierPicks reads this theme as accelerating as of 12 October 2026. Brazilian stocks jumped after Jair Bolsonaro's surprise first-round election win: they rallied 14% on Oct 5, and Bloomberg reported on Oct 9 that he leads Lula ahead of the runoff. XP (XP) is +58.7% over one month, and UBS raised its target to $37 on Oct 8. The narrative is still accelerating on a live political catalyst, but the outcome is binary and a Lula win in the runoff would break it; analysts are already split, with HSBC cutting Itaú Unibanco (ITUB) to Hold on Oct 8 while Goldman Sachs raised its target to $10.5 on Oct 9.
- How does FrontierPicks rank Argentina and emerging-market stocks?
- Every name links to its dated research dossier. Names on the momentum board rank first by composite momentum score, then the rest by conviction. The full method is on the methodology page.
Related
As of 12 October 2026