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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (29511)12/31/2007 11:05:48 AM
From: E_K_S  Read Replies (2) of 78525
 
Hi Paul - These are the Brazil stocks on my watch list.

finance.yahoo.com

I think the best value is ELP based on estimated earnings and potential growth of their different business segments.

I also like Ultrapar Holdings Inc. (UGP) but it is expensive. I have watched it more than double over the last two years but never started any position.

I am thinking to just average into iShares MSCI Brazil Index (EWZ). I am hoping that as the dollar rises over the next six months (dead cat bounce), it will provide me an entry point to build up my Brazil holdings.

I am very bullish on this sector and like you stated it is very volatile.

EKS

P.S. Did you notice the extra one time dividend paid on VCP this month. I believe the payment is equivalent to $0.80/share after converting to $US dollars. vcp.com.br
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