Brazil's President Michel Temer. Photo: Reuters / Ueslei Marcelino

Despite Brazilian stocks’ world leading gains of 63% over the past year, Credit Suisse has decided it’s time for investors to sell. As Bloomberg reports Wednesday, analysts said in a note to investors that the company has “run out of motivation to own the market at an above-benchmark weighting.” The note went on to say that current valuations “appear rich,” while other investors such as Fidelity and BlackRock continue to see value in Brazil.