JBS: A Cyclical Setup with Wide Downside Risk

Thursday, Nov 20, 2025 11:09 pm ET1min read

JBS N.V. offers a value story, but the current risk-reward profile is not attractive enough for a buy. The valuation is cheap, both absolutely and relatively. Despite a classic cyclical setup, the downside is still too wide.

JBS: A Cyclical Setup with Wide Downside Risk

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