GFA was added to the recommended list from a "A Investments" ... a Brokerage Firm. They cited valuation, calling the company priced for poor fundamentals that existed in 2012. However, the stock should be priced higher based on 2013 improving fundamentals. BUY
This is some of the verbage from the upgrade. The translation wasn't very good, but here is what I got
According to the broker, Gafisa had an improvement in their operational indicators such as sales velocity and significant recovery of cash generation, presented in prior operating. Moreover, the company has a valuation that reflects a weak result expected for the 4th quarter of 2012, but does not reflect an improvement for 2013.
Were also cited as strengths of the potential IPO Alphaville division of the company and an increase in its mortgage.