$30.14 0.57 (+1.93%)
2/13/2012 4:00 PM

Petroleo Brasileiro S.A. (ADR) (NYSE:PBR)

CAPS Rating: 4 out of 5

A one-time monopoly, Petroleo Brasileiro remains the leader in oil exploration, production, and distribution in Brazil.

Recs

13
Player Avatar GundersonGroup (20.61) Submitted: 5/6/2009 3:05:30 PM : Outperform Start Price: $30.93 PBR Score: -48.81

Over the long term a weakening dollar along with strengthening oil prices should benefit the stock of this Brazilian oil company. China's Sovereign Wealth Fund will continue to invest in natural resources in developing countries which should counter any deflationary price pressure on depletable resources.

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