The four BRIC countries are Brazil, Russia, India, and China, with Brazil being the leader of the group. Brazil is one of the largest countries in the world by both population and area and is the largest economy in Latin America. It is also the largest producer of ethanol in the world, which comes from sugarcane.
Fortunately, there are plenty of Brazilian stocks available to US investors. One source of information is the book I wrote a few years ago, Investing in Brazil Stocks: Get Rich from the South American Giant. Another resource is the free list of Brazil stocks at WallStreetNewsNetwork.com. Here are some from the list. Twenty of the stocks on the list pay dividends.
An example is Companhia Siderurgica Nacional (SID), the second largest Brazilian steel manufacturer. The company is participating in the growth in the rebuilding of infrastructure and the demand for steel. The stock pays a yield of 4.8% and trades at 12 times forward earnings.
Vale (VALE) is the second largest mining company in the world and the largest logistics operator in Brazil. The stock has a price to earnings ratio of 9, and a yield of 1.5%.
Companhia de Bebidas Das Americas (ABV) also known as AMBEV, is a distributor of beer, soft drinks, sport drinks, and bottled water. The stock has a PE ratio of 19.6 and provides a yield of 4.8%.
CPFL Energia S.A. (CPL) is one of the largest electrical utilities in Brazil with a PE of 15. The yield is 4.3% based on historical dividend payments.
To see a list of all Brazilian stocks that trade in the US, check out WallStreetNewsNetwork.com or the book Investing in Brazil Stocks.
Disclosure: Author did not own any of the above at the time the article was written. However, he wrote the above book.
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