Emerging Market Giant

Petrobras has a quasi-monopoly in Brazil’s energy market, has the second-largest amount of proven reserves in Latin America, and is likely to show superior production growth volumes over the next few years. To top it off, it trades at a discount to its peers … what’s not to like?

I have owned Petrobras off and on this year.

Emerging Giant …

Petrobras Still a Steal …

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