Brazilian stocks rose 900% from 2002 to 2007.

Think about that for a minute…

I’m not talking about a single stock. The entire country’s stock market soared 900%.

It’s hard to imagine a country’s stock market rising that much. But it really did happen in Brazil.

[ad#Google Adsense 336×280-IA]And right now, Brazilian stocks could be ready to rise by hundreds of percent again…

The story is simple: Brazil soared… and then crashed.

Yes, it went up 900%, dramatically outperforming emerging markets in general.

But the way down was equally dramatic… The iShares MSCI Brazil Capped Fund (EWZ) fell from around $100 a share in 2008 to around $17 a share this past January.

Sometimes it’s more helpful just to see it… So let’s quickly look at some charts of the up… and then the down…

On the way up, Brazil led a great rally in emerging markets:

The way down was just as extreme. It felt like the crash accelerated in recent years…

Brazilian stocks are down more than 50% since oil prices peaked in 2014. Take a look…

After a move down like this, you can imagine how bad sentiment is…

I’ll be honest with you, the story in Brazil has been bad. Corruption scandals, impeachment, a severe recession, the Zika virus, you name it. If it ain’t one thing, it’s two things.

Investors have given up. And that is actually what I like to see.

As regular DailyWealth readers know, this is a classic “bad to less bad” opportunity. In short, the biggest gains in investing come when things go from “bad” to “less bad.”

The news out of Brazil has been bad… but Brazilian stocks are going up this year.

Could this be the start of the next triple-digit move in Brazil? Yes, it could.

A month ago, I recommended buying Brazil in my True Wealth Systems newsletter. The trade is up 19% since that recommendation.

But after an 80%-plus fall, and with hundreds-of-percent upside potential ahead, you haven’t missed anything yet.

Consider buying in for the upside potential… and make sure you use a trailing stop to limit your downside risk.

Check out Brazil today…

Good investing,

Steve

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Source: Daily Wealth