Getting Bullish on Brazilian Consumer Stocks (CNBC)
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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