EWZ: Bullish As Brazil Macro Turns Positive

Sep. 01, 2022 3:51 PM ETiShares MSCI Brazil ETF (EWZ), , , 12 Comments
BOOX Research
20.33K Followers

Summary

  • Brazil economic indicators have surprised to the upside.
  • The country appears to be a bright spot compared to global recessionary fears.
  • The EWZ ETF is a good option to capture exposure to positive macro trends in Latin America's largest economy.

BRAZIL

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The iShares MSCI Brazil ETF (NYSEARCA:EWZ) tracks a basket of the largest and most liquid Brazilian stocks through a portfolio of 48 holdings. The attraction here is exposure to Latin America's largest economy that benefits from an emerging middle

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This article was written by

20.33K Followers
BOOX Research run by Dan Victor, CFA specializes in covering small-caps and under-the-radar ideas. Dan brings more than 15 years of experience in financial services across multiple roles in research, investment management, and trading. Dan is also the winner of Seeking Alpha's 2023 stock market prediction contest-- beating out a field of 40 analysts by correctly forecasting the S&P 500's 24% gain that year. https://seekingalpha.com/article/4660791-2023-market-prediction-contest-winners

Analyst’s Disclosure:I/we have a beneficial long position in the shares of EWZ, EWZS, PBR, ABEV either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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