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Homebuilding in Brazil: 'Hot sector in hot market' |
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| Oct 13, 2009 03:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: International markets, Brazil, Newsletters, Stocks to Buy "Gafisa S.A. (NYSE: GFA) is a bet on Brazil; the company is the country's second-largest homebuilder," says international investing expert Nicholas Vardy. In his The Global Bull Market Alert, he adds, "Brazilian homebuilders are a red-hot sector in a red-hot market. Brazil is one of the strongest-performing global markets this year, and one that you should definitely have exposure to in the final quarter of 2009. "Brazilian homebuilders are a red-hot sector in a red-hot market. Stocks in this sector have already doubled their share prices this year as policy makers cut interest rates to a record low and the government unveiled a 34 billion real ($18.8 billion) housing stimulus plan. Continue reading Homebuilding in Brazil: 'Hot sector in hot market' Homebuilding in Brazil: 'Hot sector in hot market' originally appeared on BloggingStocks on Tue, 13 Oct 2009 10:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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