Buy PBR - Petrobras

StocksonWallStreet · 11-30-2009, 03:06 AM

Oil companies profit numbers have been down year to date though in my opinion that is no reason to be hesitant to invest in oil. I still think oil is heading to $100 and I am upping my 12-month target for Brazilian oil giant, Petrobras (PBR). I originally bought into PBR in January 2009 at around $25 a share. In April I wrote an article on Stocks on Wall Street recommending to buy PBR saying “Overall PBR is a steal of a stock, I loved it at $24 its an insult at $35. This stock will jump and move fast. Expect mid $50s come end of the year.” Even after PBR’s 4% drop on Friday the stock is currently trading at $51.33 so it was time I reevaluated the company and look into whether it still has growth potential. I can see nothing wrong with PBR and believe there growth prospects are stronger than ever and that the stock will continue to soar in 2010 and beyond.

Petrobras (PBR) to Soar in 2010 and Beyond | Stocks on Wall Street

StocksonWallStreet · 11-30-2009, 03:06 AM

What are your thoughts on PBR?

Jaymo · 12-01-2009, 02:41 AM

Originally Posted by StocksonWallStreet

What are your thoughts on PBR?

Pabst is terrible. I prefer a hoppy IPA

StocksonWallStreet · 12-01-2009, 06:19 PM

Haha I think your thinking of the wrong PBR.

Jaymo · 12-01-2009, 06:50 PM

StocksonWallStreet · 12-03-2009, 04:48 PM

Being long this stock is a no-brainer.

11-30-2009, 03:06 AM	#1
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	PBR - Petrobras Oil companies profit numbers have been down year to date though in my opinion that is no reason to be hesitant to invest in oil. I still think oil is heading to $100 and I am upping my 12-month target for Brazilian oil giant, Petrobras (PBR). I originally bought into PBR in January 2009 at around $25 a share. In April I wrote an article on Stocks on Wall Street recommending to buy PBR saying “Overall PBR is a steal of a stock, I loved it at $24 its an insult at $35. This stock will jump and move fast. Expect mid $50s come end of the year.” Even after PBR’s 4% drop on Friday the stock is currently trading at $51.33 so it was time I reevaluated the company and look into whether it still has growth potential. I can see nothing wrong with PBR and believe there growth prospects are stronger than ever and that the stock will continue to soar in 2010 and beyond. Petrobras (PBR) to Soar in 2010 and Beyond \| Stocks on Wall Street __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
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11-30-2009, 03:06 AM	#2
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	What are your thoughts on PBR? __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
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12-01-2009, 06:19 PM	#4
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Haha I think your thinking of the wrong PBR. __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
	Rate this post \|

12-01-2009, 06:50 PM	#5
Jaymo Super Moderator Join Date: Jul 2009 Location: Charlottesville, VA Posts: 161 Favorites: Wouldn't you like to know Rep Power: 33 Reputation: 354 Did I help?
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12-03-2009, 04:48 PM	#6
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Being long this stock is a no-brainer. __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
	Rate this post \|

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