We came across a bullish thesis on Ultrapar Participações S.A. on Danny’s Substack by Danny Green. In this article, we will summarize the bulls’ thesis on UGP. Ultrapar Participações S.A.'s share was trading at $5.16 as of February 18th. UGP’s trailing and forward P/E were 9.94 and 11.74 respectively according to Yahoo Finance.
[caption id="attachment_422512" align="aligncenter" width="750"]Ultrapar Participações S.A., through its subsidiaries, operates in the energy, mobility, and infrastructure business...
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