Brazil: 'Steady as a rock'

"Brazil is like a rock, a steady democratic economy expanding under the rule of law," notes Richard Lehmann. Here's an recent pick from his Forbes/Lehmann ETF Investor service.

The advisor explains, "The U.S. looks at Brazil's pledge to end its dependence on foreign oil and sees that they accomplished that goal. The U.S. on the other hand has only paid lip service to and talked about energy independence for the past 30 years, while watching our dependency only deepen."

The strength of the Brazilian economy is in raw materials, he points out, specifically metals and mining. Fortunately, he suggests, worldwide demand for their products has been strong.

The advisor states, "The iShares MSCI Brazil Index (ASE: EWZ) is the only game in town for cost-effective and broad-based exposure to Brazil. As a result, he says, the relatively high .074% expense ratio is worth it. Meanwhile, he notes that the fund --- which holds $2.7 billion in securities -- captures about 85% of the Brazilian market on a cap-weighted basis.

For more stock picks from the leading financial newsletter advisors, visit Steven Halpern's free daily website, TheStockAdvisors.com.