By Paul Goodwin, Editor of Cabot China & Emerging Markets Report
From Cabot Wealth Advisory 11/3/11
While a few leaders are starting to surface in emerging markets, we're nowhere near anything like a real bull market. The sensitivity to bad news exhibited by developed market stocks is even higher for their emerging counterparts.
That said, I am keeping an eye on Brazil Foods (BRFS). With a year-to-date price appreciation of nearly 25%, this venerable Brazilian meat and processed-food giant is one of the year's leading stocks in South America. Brazil Foods has been around since 1900 (under the name Perdigao until 2009) and has found a great niche in shipping kosher and halal foods to the Middle East (32% of 2010 revenues) pushing revenue growth over 40% per year for the past four years.
BRFS has been consistently outperforming the broad market and pushed out to new all-time price highs on October 31. This is a good-looking stock that really soared in October, launching from 17 to near 22 on good volume.
You could buy BRFS here and hope for the best or you could check out Cabot China & Emerging Markets Report, the top source for the best stocks in the world's fastest-growing economies. The Report has been named one of the top-performing newsletters since its inception in 2004 and there's a lot more where that great growth came from! Get started today.
Paul Goodwin
Emerging Markets Specialist, Analyst and Editor of Cabot China & Emerging Markets Report
A researcher and writer for over 30 years, Paul Goodwin has been a member of the Cabot investment team and editor of
Cabot China & Emerging Markets Report since 2005. Under Paul’s stewardship, Hulbert Financial Digest rated Cabot China & Emerging Markets Report the number-one-rated newsletter of 2006 with a 78.6% gain for the year, the number-one-rated newsletter of 2007 with a 74.1% return, and the top-performing investment adivsory for five years with a 17.9% annual return.