Investing in Latin America: New advisory looks south

Congratulations to Rudy Martin, who has launched a fascinating new advisory service focused on Latin American stocks.

 In his Latin Stock Investing, he explains, "The region's financial resilience is supported by three mega-trends: a population explosion, energy self-sufficiency and materials wealth." As an overview, we feature a glimpse at 4 of the 14 stocks chosen for his just-begun model portfolio.

"The stocks on the Growth Portfolio have the best combination of momentum, strength and future expectations values. The simple concept is that these are the stocks to focus on to create the best long term value during the next 12-18 months.

"America Movil (NYSE: AMX), which provides fixed-line, wireless, and cellular telecommunications, is controlled by billionaire Carlos Slim, the second richest man in the world. Solid financials, new iPhone sales and stronger growth in emerging markets, such as Brazil, bode well for the company.

"Concerns about competition and regulation are overstated given the significant capital and technical barriers to entry. The trailing 12 month dividend yield on this stock is 6.6%, so you get paid to wait for the new earnings growth to emerge.

"Cosan Limited (NYSE: CZZ) engages in the manufacture and sale of sugar and ethanol primarily in Brazil. It's recent acquisition of 1500 gasoline service station positions the company to be a leading player in Brazil's conversion into a net exporter of ethanol.

"Cosan is the world's largest independent producer of ethanol. Post election it is likely that US tariffs against imported ethanol will be lifted, providing a catalyst for CZZ to further scale up its small operations in the US. 

"Despite it's advantages, Cosan's stock price has been hammered by a perfect storm of concerns over commodity prices and acquisitions.

"The  recent credit rating downgrade lead the company to raise equity capital, at a time when it is already sitting on $700 million in cash. For the patient investor, the potential for a huge rebound exists here when commodity prices turn up again.

"Petroleo Brasileiro S.A. (NYSE: PBR) explores for and produces oil and natural gas. The company refines, markets, and supplies oil products primarily in Brazil. It sells surplus production in Brazil and foreign markets.

"PetroBras operates oil tankers, distribution pipelines, terminals, fertilizer plants, and petrochemical units. It is also building new pipelines for ethanol distribution. This is my favorite oil stock. 

"Grupo Televisa S.A. (NYSE: TV) is the largest media company in the Spanish-speaking world and a major player in the international entertainment business.

"It has interests in television production and broadcasting, programming, direct-to-home satellite services, publishing and publishing distribution, cable television, radio production, show business, feature film and Internet portal.

"The company offers solid upside potential with 20% earnings growth projections for 2009 from satellite and cable."

You are invited to participate in a free Forbes Online Investor Conference

On November 19th and 20th, Forbes.com is holding its second ever online-only  Investor iConference, entitled "Profitng in volatile markets.' There is no cost for you to attend this online conference, featuring Rudy Martin, Steve Forbes along with twenty investment experts. Click here to register.