I subscribe to the Motley Fool Income Investor newsletter, and PetroBras, a Brazilian oil company, was recommended twice this year. I mainly bought on that recommendation, and it has turned out to be an outstanding recommendation. I bought at $52.83 at the back end of August, and the shares now stand at $106.71, having doubled in price in less than 4 months. They have lately been in the news quite a lot because of large additional oil finds. “Buy on the rumour, sell on the news”, I guess that means I should sell, but being a buy-and-hold investor (with a love for dividend-stocks) that is not really my style. They don’t believe the hype over on Seeking Alpha, so this may be something I end up regretting, but nevertheless, it is staying in the portfolio.

Yahoo Finance profile

Go to my Covestor profile if you want to see my returns on Google shares so far.

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