Kunal Ghosh, Emerging Market Portfolio Manager at Allianz Global Investors, recently appeared on CNBC to explain why he likes Brazilian credit and debit card operator Cielo S A (OTCMKTS: CIOXY) as well as car rental firm Localiza (OTCMKTS: LZRFY). I would add that investors might want to check out the lightly traded Global X Brazil Consumer ETF (NYSEARCA: BRAQ). Otherwise, Ghosh also commented that for the past forty years, the stock markets of World Cup hosts have typically outperformed for the month they were the hosts for the games:
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You can also see the video, Bullish on Brazilian consumer stocks: Pro, go to the website of CNBC.
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