14 of 25
14. Petrobras
Ticker: PBR

Jim Moffett
Scout International Fund

Two of Jim Moffett's current investing themes are Asian economic growth and shrinking oil output. He thinks Petrobras, the Brazilian oil giant, will benefit from both. (Manager of the $5.3 billion Scout International Fund, Moffett beat 91% of his peers over the past 10 years, with a 4.2% annual gain.)

Unlike competitors, which are facing declining reserves, he notes, "Petrobras is a growth company." It discovered massive offshore oilfields a few years ago. That news fueled a 181% spurt in the company's stock price, but it has since been cut in half; it is trading at just nine times earnings.

Moffett thinks Petrobras has the technical knowhow to exploit its find in the coming years. He also thinks oil prices will stay high. "When the worldwide economy turns around," he says, "energy demand will turn around."


NEXT: Microsoft

Last updated June 18 2010: 12:58 PM ET
5 best places to retire With prices falling, now could be the time to score a sweet second home. More
You can bet on the recoveryT. Rowe Price's Brian Rogers sees plenty of value in stocks for long-term investors. More
The senator who wants to save your retirement While his better-known colleagues wrestle over fixing the financial system, Herb Kohl is working to guarantee your golden years. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.