Traders See More Upside for Brazil ETF

The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest exchange traded fund tracking Brazilian equities, surged last year and is off to a fine start in 2017 with a gain of over 18%. Even with that, some market observers believe Brazilian stocks can keep soaring. Some investors are reevaluating Brazilian stocks, something that has…Click to read more at ETFtrends.com.