Submitted by frugalacademic t3_yi629j in wallstreetbets

Now that Lula is elected, I think investing in Brazil is worth it: There will be stability (unless Bolsonaro tries something but I don't think he will) like after any election. I also think Lula will do big state investments to get the economy rolling so large companies will get good contracts for construction for example. Question is which stocks will benefit most from the change in politics.

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VisualMod t1_iuh86uk wrote

>I believe that investing in Brazil is a good idea, especially now that Lula has been elected. There will be more stability and state investments under his administration, which will benefit large companies involved in construction and other industries. It is important to carefully research which stocks are most likely to benefit from these changes before making any investment decisions.

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baconography t1_iuhf43l wrote

Petrobras did well last time Lula was in office, IIRC

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tecmarit t1_iuhklqf wrote

Wow! Very detailed DD!

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Bradley182 t1_iujmdbo wrote

If it’s not American, don’t invest - some dude told me that.

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