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

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

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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