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($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
There’s a lot of news coming out of South America these days. Some of it bad, and some of it not so bad and some of it good. Here’s what’s good. It’s the country of Peru and it’s not because Fuffrey climbed Machu Picchu. Machu Picchu is an Incan citadel set high in the Andes Mountains in Peru, above the Urubamba River valley. Built in the 15th century and later abandoned, it’s renowned for its sophisticated dry-stone walls that fuse huge blocks without the use of mortar, intriguing buildings that play on astronomical alignments and panoramic views. Its exact former use remains a mystery. Who would have thought that $$$MR. MARKET$$$ had to go all the way to Peru to find an awesome stock. But of course, there is no limit to my stock picking ability.
Today I bought stock in Credicorp (NYSE: BAP) at $303.93 and will sell it in 4 to 6 weeks at $351.04. Here’s why I love BAP:
Let’s get this straight: Credicorp isn’t just a bank — it’s the Banco de Credito del Per? + digital superapp overlord of financial inclusion + macro tailwind play all in one. Credicorp owns the biggest Bank on Peru and is a good investment at current prices if you are looking for the long term or maybe just a month or so. Credicorp’s recent earnings have been legit — EPS beats and ROE like a flex with ~19–20% goals, showing real profitability that’s not just printer noise. They’re scaling digital revenue, loan growth, and pushing innovation like it’s Pok?mon GO for finance.
Check it out:
Remember when Tencent’s WeChat turned China into a superapp society where you order dumplings, send red packets, and swipe right all without leaving the app? Yape which is a digital wallet where you can transfer money using a Qr or just your phone number). Yeah, Yape is Peru’s version — and it’s basically the digital backbone of 82% of the economically active population. It has 15.5M+ monthly users — that’s not adoption, that’s cultural embed. In a country of 34 million people, that’s not "market share"—that’s a monopoly. Everyone uses it for Payments + loans + insurance + SME services = ecosystem lock-in. In Star Wars terms, Yape is the Millennium Falcon — and BAP’s just strapped the hyperdrive onto it.
Peru’s economic environment is very robust. They are Winning! Peru’s macro backdrop isn’t some Stranger Things alternate upside down scenario — it’s more like Money Heist where the central bank actually prints the right amount of money at the right time. Peru’s growth remains solid and stable — inflation is controlled, rate policy is predictable and supportive. The Peruvian Central Bank just handed BAP the final infinity stone. On December 19, 2025, they hiked the 2026 GDP growth forecast to 3.0%. In the world of emerging markets, that’s not just growth; that’s a "The Bear" style perfectly seasoned kitchen.
Peru’s terms of trade are at historic highs. Why? Because the world is starving for minerals, and Peru is the global buffet. With copper and gold prices doing backflips, BAP isn't just a bank—it’s a toll booth on the entire Peruvian economy. Every time a shovel hits the dirt, BAP gets a slice. A stable interest environment plus emerging market growth is like giving BAP a boost in every stat. A strong regional macro environment and stable rates means more predictable credit, better loan growth, and earnings earnings earnings. ANAL-ysts have not yet followed the bouncing ball. Wall Street consensus is not fully pricing a short-term explosive re-rate. And that’s exactly the kind of inefficiency that makes $$$MR. MARKET$$$ such a stud.
When Credicorp drops a blow-out earnings release in the next couple of weeks (like a Sonic loop-de-loop speed surprise), higher guidance + digital uptake could catapult multiple expansion. Right now, ANAL-ysts are still partly asleep at the wheel. If the “Buy” crowd starts increasing targets past $318 and beyond (which some already have), momentum traders will jump in like it’s Black Friday at Best Buy. As the digital ecosystem grows and starts monetizing at scale, the market will treat BAP like a crypto gem with real earnings. This will be just like putting all my chips on that final Final Jeopardy answer and getting it right while Alex Trebek applauds you from the beyond or Thanos snapping the bears out of existence with the full Infinity Gauntlet while BAP counts dividends
In summary…here’s why I love this stock:
$$$MR. MARKET$$$
There’s a lot of news coming out of South America these days. Some of it bad, and some of it not so bad and some of it good. Here’s what’s good. It’s the country of Peru and it’s not because Fuffrey climbed Machu Picchu. Machu Picchu is an Incan citadel set high in the Andes Mountains in Peru, above the Urubamba River valley. Built in the 15th century and later abandoned, it’s renowned for its sophisticated dry-stone walls that fuse huge blocks without the use of mortar, intriguing buildings that play on astronomical alignments and panoramic views. Its exact former use remains a mystery. Who would have thought that $$$MR. MARKET$$$ had to go all the way to Peru to find an awesome stock. But of course, there is no limit to my stock picking ability.
Today I bought stock in Credicorp (NYSE: BAP) at $303.93 and will sell it in 4 to 6 weeks at $351.04. Here’s why I love BAP:
Let’s get this straight: Credicorp isn’t just a bank — it’s the Banco de Credito del Per? + digital superapp overlord of financial inclusion + macro tailwind play all in one. Credicorp owns the biggest Bank on Peru and is a good investment at current prices if you are looking for the long term or maybe just a month or so. Credicorp’s recent earnings have been legit — EPS beats and ROE like a flex with ~19–20% goals, showing real profitability that’s not just printer noise. They’re scaling digital revenue, loan growth, and pushing innovation like it’s Pok?mon GO for finance.
Check it out:
- ROE target ~19.5% — that’s elite bank performance
- Strong dividend history and payout culture ✔️
Remember when Tencent’s WeChat turned China into a superapp society where you order dumplings, send red packets, and swipe right all without leaving the app? Yape which is a digital wallet where you can transfer money using a Qr or just your phone number). Yeah, Yape is Peru’s version — and it’s basically the digital backbone of 82% of the economically active population. It has 15.5M+ monthly users — that’s not adoption, that’s cultural embed. In a country of 34 million people, that’s not "market share"—that’s a monopoly. Everyone uses it for Payments + loans + insurance + SME services = ecosystem lock-in. In Star Wars terms, Yape is the Millennium Falcon — and BAP’s just strapped the hyperdrive onto it.
Peru’s economic environment is very robust. They are Winning! Peru’s macro backdrop isn’t some Stranger Things alternate upside down scenario — it’s more like Money Heist where the central bank actually prints the right amount of money at the right time. Peru’s growth remains solid and stable — inflation is controlled, rate policy is predictable and supportive. The Peruvian Central Bank just handed BAP the final infinity stone. On December 19, 2025, they hiked the 2026 GDP growth forecast to 3.0%. In the world of emerging markets, that’s not just growth; that’s a "The Bear" style perfectly seasoned kitchen.
Peru’s terms of trade are at historic highs. Why? Because the world is starving for minerals, and Peru is the global buffet. With copper and gold prices doing backflips, BAP isn't just a bank—it’s a toll booth on the entire Peruvian economy. Every time a shovel hits the dirt, BAP gets a slice. A stable interest environment plus emerging market growth is like giving BAP a boost in every stat. A strong regional macro environment and stable rates means more predictable credit, better loan growth, and earnings earnings earnings. ANAL-ysts have not yet followed the bouncing ball. Wall Street consensus is not fully pricing a short-term explosive re-rate. And that’s exactly the kind of inefficiency that makes $$$MR. MARKET$$$ such a stud.
When Credicorp drops a blow-out earnings release in the next couple of weeks (like a Sonic loop-de-loop speed surprise), higher guidance + digital uptake could catapult multiple expansion. Right now, ANAL-ysts are still partly asleep at the wheel. If the “Buy” crowd starts increasing targets past $318 and beyond (which some already have), momentum traders will jump in like it’s Black Friday at Best Buy. As the digital ecosystem grows and starts monetizing at scale, the market will treat BAP like a crypto gem with real earnings. This will be just like putting all my chips on that final Final Jeopardy answer and getting it right while Alex Trebek applauds you from the beyond or Thanos snapping the bears out of existence with the full Infinity Gauntlet while BAP counts dividends
In summary…here’s why I love this stock:
- Digital users are exploding and monetizing.
- Macro is stable; credit growth is real.
- ROE, innovation, dividends — all in god-mode.
- Analysts catching up = short-term re-rating acceleration.
$$$MR. MARKET$$$
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