I am bullish on the Franklin FTSE Brazil ETF after its post-election plunge, citing exceptionally low valuation and commodity strength. FLBR now trades near long-term support at $20, with a cheap 8.3x earnings multiple and a solid 10.5% EPS growth rate. The FLBR ETF is overweight Financials and Energy, benefiting from higher rates and commodity prices, while tech exposure is minimal.
See the latest quote, chart and news for FLBR.
