Fast Money's Brazil Stock Picks
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Created by barrons2
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Date updated:03-05-2008
Brazil has now rallied past China to become the world’s biggest emerging market. What's the trade?
-
EWZ
Ishare Msci Brazi - $37.86
- -5.94%
- $38.98
It’s an export driven economy, explains Tim Seymour. And they have commodities that the world needs. That’s what’s driving Brazil. If you want to play this country look at the iShares MSCI Brazil Index ETF (EWZ), home builders and cellular companies.
-
CSCO
Cisco Systems - $17.32
- -2.64%
- $17.33
I prefer Cisco (CSCO), adds Pete Najarian, as an American company that will likely build out Brazil’s infrastructure.
-
PEP
Pepsico Inc - $53.89
- -3.25%
- $55.34
Look at Pepsi (PEP), says Guy Adami, as an international play, or Potash (POT).
-
POT
Potash Cp Saskatc - $83.10
- -0.92%
- $84.80
Look at Pepsi (PEP), says Guy Adami, as an international play, or Potash (POT).
-
GLD
Spdr Gold Shares - $82.75
- -2.80%
- $84.56
Macke stuck with streetTracks Gold and U.S. Oil ETFs.
-
USO
U.s. Oil Fund Et - $33.27
- -10.68%
- $36.71
Macke stuck with streetTracks Gold and U.S. Oil ETFs.
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