Fast Money's Brazil Stock Plays
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Created by barrons2
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Date updated:08-13-2008

From soybeans and coffee to sugar and copper if the world needs it, Brazil has it. And the world wants it! But glory is fleeting and some investors are concerned that the bloom is off this rose. Fears of slowing global growth have sent commodity prices plunging. If that’s the new trend, how should you trade Brazil?

symbol name last price % change open
  • +
  • GLNG
    Golar Lng Limited
  • $12.82
  • 0.00%
  • $N/A

I like Golar (GLNG),adds Karen Finerman. They have a big contract with Petrobras for floating storage and re-gasification units.

People owning GLNG also tend to own: AAPLCOPEMCERFEWZHTEMON

TheStreet.com Rating: D+ What is this?

  • +
  • FCX
    Freeport Mcmoran
  • $85.59
  • +0.30%
  • $85.48

I think CVRD (RIO) might buy Freeport McMoran (FCX), so I’d watch FCX says Guy Adami.

People owning FCX also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: D What is this?

  • +
  • ERJ
    Embraer Empresa B
  • $20.70
  • +0.34%
  • $20.56

I’d look at Embraer (ERJ), says Pete Najarian. They make executive jets.

People owning ERJ also tend to own: ABFSBGFISHMCMWVPBRRMBS

TheStreet.com Rating: C What is this?

  • +
  • EWZ
    Ishare Msci Brazi
  • $76.74
  • +0.71%
  • $75.91

I’d beware the ETF’s in foreign related names, adds Jeff Macke.

People owning EWZ also tend to own: CNXTFSLRIFNIFUE.OBMMCAAPLGLD

TheStreet.com Rating: No Rating What is this?

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