PowerShares Dynamic Media Portfol. (ETF) (AMEX:PBS)
exchange-traded fund
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Out of all the Industries, the one that US will have a edge on for a while is Media. The whole world watches our movies and shows, and listens to our music.
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Petrobras is a major player in both petroleum and ethanol production. It is government controlled, but unlike Mexico and Venezuela, it operates as source of energy, not a promoter of socialism. It has a relatively low P/E, pays a decent dividend, and is managed as an energy producer. It is my opinion that PBS will continue to grow as a profitable producer of energy.
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