forbes etf investor posts

Feed

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.

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 02:40 PM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338230438994 ms.