- Investor negativity and short-sightedness towards Brazil and emerging market stocks has turned Petrobras into a bargain. This stock is down by about 70% since November.
- Investor concerns about debt and government ownership are overblown and the pullback has gone too far. The shares are oversold and could be poised for a big rebound.
- Contrarian and value investors should buy this $10 stock now, as it could go back up to about $50, since the company plans to more than double production by 2020.