sorrentocapital

Run With the Real on These Brazilian Stocks: ABV and CPL

Very good. With the new oil find off the coast, there is even more opportunity for the real to appreciate, relative to other currencies, particularly the USD. Good plays would include any solid company that does not rely on exporting their products (as they are now more expensive to foreigners). I'm thinking telecom, power generation, energy, infrastructure, etc. Also, if you're in the market for a vacation place near Rio, they are still cheap.