Daniel Gewehr & team Santander
The buy side says: “If I have a question, Daniel has — or can get — the answer.”
No one does a better job of covering this sector, which returns after a two-year absence, than the previously unranked Santander squad led by Daniel Gewehr, who also captains the top team in Capital Goods. The 29-year-old Gewehr, who works out of São Paulo, and his two associates issued a valuation-based downgrade of OdontoPrev from buy to hold in December, at a split-adjusted 23.88 reais, because shares of the Barueri, Brazil–based dental-benefits provider had bolted 70.4 percent in the preceding 12 months — and a whopping 141.2 percent since the analysts elevated them from hold to buy in early 2008. Then, in February, after the stock had slipped 10.8 percent, to R21.30, they upgraded it to buy, on valuation. By the end of July, the shares had shot up a very healthy 24.6 percent, to R26.55, and outpaced the sector by 19.3 percentage points. Gewehr, who is “a great guy” in the estimation of one loyalist, joined Santander in 2007 after overseeing equity research for Brazilian steelmaker Gerdau’s pension fund. He earned a bachelor’s degree in business administration in 2004 and a master’s degree in finance in 2007 from Brazil’s Universidade Federal do Rio Grande do Sul.
