Thursday, November 11, 2010

Brazilian Stocks In New York: Spectacular Returns

Brazilian stocks have done spectacularly since 2009. The top performers have returns in excess of 200%.

Braskem, which we have covered on a couple of occasions, returned an astonishing +344%.
CZZ, the agriculture giant, returned +298%, and the GOL airline returned +300.7%.

Amazingly, there are no stocks with a negative return.

Track the ADRs here.

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