We admire investing guru George Soros and his team of analysts. Below are 5 of our favorite stocks in his portfolio.
Altria Group (MO): Soros owns 9,500 shares of Altria. It is a new buy for the latest full quarter in 2010. Altria, which produces and sells popular tobacco products such as Marlboro and Parliament cigarettes, Copenhagen and Skoal smokeless tobacco and more, offers a 6.10% dividend yield and has a market cap of just over $50B. The company has an impressive 84% ROE over the last 12 months and despite being a tobacco company, recently ranked 35th on a list of the 100 Best Corporate Citizens by Corporate Responsibility magazine.
Petroleo Brasileiro (PBR): This massive Brazilian producer has been boosted recently by the major discovery of reserves off the Brazilian coast. This type of extraction is more costly than traditional extraction, so, as prices for oil rise, the justification and margin on this type of extraction grows. Libyan instability leads to a spike in oil prices, which leads to increased value of PetroBras’ reserves. That said, this type of extraction is also known for its long-term nature. That means that investors are aware that the benefits of the reserves will be elongated over a period of time so momentary shakes to the oil market can have less of an effect on the stock. This is a double-edged sword.
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