There are times when boring businesses have their advantages, and this is one of those times in Brazil. BRF SA (NYSE:BRFS)
local shares have outperformed the Bovespa by about 35% over the past
year as this core consumer business has held up better than many during
Brazil's difficult economic times. The weakness of the Brazilian real
has hurt the performance of the ADRs (down about 18% over the past
year), but I continue to believe that BRF is on its way toward
establishing itself as a global packaged food company with a focus on
emerging market consumption growth.
Read the full article here:
BRF's Strong Exports Offset A Tough Brazilian Market
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