Barron's Likes Brazil (EWZ)

November 5, 2012 8:56 AM EST
Traders have their eyes on Brazil stocks and Brazil ETF iShares MSCI Brazil Index (NYSE: EWZ) Monday following a featured article in Barron's over the weekend.

While the world's sixth-largest economy has hit a rough patch, Barron's say given the rising middle class the future looks bright. Brazil is also hosting the 2016 Summer Olympics, which will boost spending and showcase the country's progress.

The best way for investors to get exposure to Brazil, Barron's says, is through ETFs. In addition to EWZ they highlight: EGShares Emerging Markets Consumer (NYSE: ECON), BlackRock Latin America Institutional (NYSE: MALTX), JPMorgan Select Latin (NYSE: JLTSX), Market Vectors LatAm Aggregate Bond (NYSE: BONO) and GMO Emerging Country Debt (NYSE: GMDFX).

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