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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Wallstreetdodge69 t1_iuh9w7e wrote

Lula stability? He was jailed for corruption img

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frugalacademic OP t1_iuhaymc wrote

You know well enough that that was on false accusations. Lula thoroughly proved his innocence and proved that the whole case was politically motivated.

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MindlessThrall t1_iuj19kq wrote

Dude, this is an American subreddit, anything not racist = communist = bad

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ElectricalConstant19 t1_iuh8kex wrote

First, short it.

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tecmarit t1_iuhklqf wrote

Wow! Very detailed DD!

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baconography t1_iuhf43l wrote

Petrobras did well last time Lula was in office, IIRC

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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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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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