Seeking Alpha: These Are Tougher Times For Brazil, But BRF Still Offers A Bright Future

BRF (NYSE:BRFS) is certainly not the only quality Brazilian company to see its ADRs trading well below its highs, but I continue to believe this is a good stock for investors looking for long-term exposure to emerging market consumers. BRF is looking at more challenging domestic conditions this year, but the company continues to pursue a vision of gradual transition from its reliance on commodity proteins and becoming a global packaged/branded food company.

When I last wrote about BRF, I thought the shares had gotten a little pricey and that investors could wait for what I thought was an inevitable pullback in Brazilian stocks. That pullback has happened, taking the ADRs down more than 20%. It seems early to blow the "all clear" on Brazil, but I do think investors can start to think about initiating positions in this well-run food company.

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These Are Tougher Times For Brazil, But BRF Still Offers A Bright Future