Banco de Chile (BCH): A Bull Case Theory

We came across a bullish thesis on Banco de Chile on Ian’s Insider Corner’s Substack by Ian Bezek. In this article, we will summarize the bulls’ thesis on BCH. Banco de Chile's share was trading at $31.11 as of October 14th. BCH’s trailing and forward P/E were 11.48 and 11.64 respectively according to Yahoo Finance.

Chilean equities are primed for a major rally ahead of the November 16th presidential election, as conservative candidate José Antonio Kast is overwhelmingly favored to win. Despite polls showing a close race, they reflect only first-round intentions, masking the...