Was Rajiv Jain’s GQG Partners Right About These 5 Stocks?

4. Petróleo Brasileiro S.A. – Petrobras (NYSE:PBR)

GQG Partners’ Stake Value: $1.79 billion
Performance of the stock over the past 12 months as of November 22: -3.2%

One of the largest Brazilian companies, Petróleo Brasileiro S.A.– Petrobras (NYSE:PBR) is an integrated oil and gas company. The company is involved in prospecting, drilling, refining, processing, trading and transporting crude oil from producing onshore and offshore oil fields.

On November 16, HSBC analyst Lilyanna Yang upgraded Petróleo Brasileiro S.A.– Petrobras (NYSE:PBR) to Buy from Hold with a $13 price target.