Brazil’s Election Is Almost Here. Get Ready to Buy Petrobras Stock.

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https://www.barrons.com/articles/brazils-election-is-almost-here-get-ready-to-buy-petrobras-stock-51664584974


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Chocolate and peanut butter go together; falling oil prices and Brazilian political uncertainty most certainly do not. Yet Petrobras stock may still be worth buying.

Yes, that sounds like a terrible idea, at least at first glance. Petróleo Brasileiro, or Petrobras (ticker: PBR), as it is more commonly known, is the Brazilian national oil company, and right now both factors are working against it.


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