Recession-Proof Stocks: Buy Brasil Telecom SA (BTM:NYSE) below $35

This company has one of the best P/E ratios of any North American-traded stock. It has one of the top PEG rates. It pays a dividend of over 4%. And analysts give it a one-year target of $61.50 — an upside of over 80% over its current stock price. I’d buy it just for those qualities. But wait there’s more: This company is also completely independent of the U.S. economy. It earns its money in a currency that is unaffected by the fall of the U.S. dollar. And its home country is a net exporter of oil and biofuels that is energy… SHARETHIS.addEntry({ title: "Recession-Proof Stocks: Buy Brasil Telecom SA (BTM:NYSE) below $35", url: "http://jutiagroup.com/2008/05/06/recession-proof-stocks-buy-brasil-telecom-sa-btmnyse-below-35/" });