Wagner Meier/Getty Images News
The numbers make Petrobras (NYSE:NYSE:NYSE:PBR) a glaring value, but in a modern, global market, can value hide in plain sight? We believe that investor bias, as well as the fear-greed cycle means value often does hide in plain sight. The
Analyst’s Disclosure:I/we have a beneficial long position in the shares of TTE 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.
This article includes base-case scenario estimates, using known facts and economic projections. The future is uncertain, and investors must draw their own conclusions.
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.
