Ten Largest, Most Liquid Brazilian Stocks Traded in U.S.

Brazil is one of the year-to-date top performing markets among the emerging countries. The infrastructure in Brazil is good and the country is blessed with an incredible array of natural resources.

The Dow Jones Brazil Titans 20 ADR Index represents the 20 largest and most liquid Brazilian stocks traded on the major exchanges of the United States.

The key features of this index include:

The index universe consists of all Brazilian issues that trade on U.S. exchanges, subject to screens for security type and trading volume history.

Twenty stocks are selected to the index based on rankings by float-adjusted market capitalization and average trading volume.

As of August 31,2009 the index is up 62.31%. Last year the index was down nearly 52%. Financials make up just 20% of the index.

The Top 10 Components of this index are:

Petroleo Brasileiro (PBR)

Itau Unibanco Banco Multiplo (ITUB)

Vale S.A. ADS (VALE)

Banco Bradesco (BBD)

BRF-Brazil Foods (PDA)

Companhia Brasileira de Distribuicao Grupo Pao de Ac (CBD)

Embraer-Empresa Brasileiras de Aeronautica (ERJ)

Vivo Participacoes Companhia de Bebidas das Americas (ABV)

Gafisa (GFA)

The two private sector banks Banco Bradesco and Itau Unibanco Banco Multiplo are widely held by investors worldwide. Petroleo Brasileiro is another world's top integrated oil producer.

Comments

[Mad Hedge F...:]

xhi Hoping to beat the rush, I ordered my Rosetta Stone Portuguese language program last week, fully expecting Rio de Janeiro to win the 2016 Olympics bid. Pick pockets of the favellas of Latin America’s largest city were ebullient. A cheer even went up on the floor of Chicago’s CME, now that the denizens of the Windy City are dodging a monster tax bill. Of course, Obama was in a no win situation, with mud on his face for his failed pitch, and blamed for defeat if he didn’t go. There was never any doubt that the home of the string bikini and the banana thong was going to win. In order to justify the gargantuan cost of the modern games, the International Olympic Committee long ago turned this into an emerging market development program. The great news for investors is that corresponding emerging stock markets have a history of tenfold returns going into the games. Look at South Korea and China. Only the 2004 Athens games were a bust, the home of the Olympics building a games that were far more than it could afford. I have long been a fan of the country that is doing everything right, with a perfect demographic pyramid and a liberal pro business government fueled by resource and energy exports. I managed to catch a 270% leap for my subscribers in the ETF (EWZ) this year. I wouldn’t’ rush out tomorrow and buy on the news, as an impending global stock market selloff is likely to pull it down with everything else. But it definitely should be at the top of your “buy on dips” list.

Oct 04 05:31 AM