Brazil is no longer just a tourist hot spot, but a solid profit play for savvy investors, too. And one of the best ways to profit from Brazil’s expected 4.8% growth in gross domestic product this year is to invest in one of the Latin American nation’s infrastructure-focused firms.

China needs to diversify out the diving dollar and gain greater control of energy reserves - and Latin America serves both purposes best…

A list of some interesting stocks that might be worth looking at a little closer. I'm not sure if any of these are truly value stocks, but at least one of them I've been watching.

Energy stocks have held up well in 2006 despite volatile crude oil prices. If you are looking for energy exposure, the big integrated oil companies are the best way to play high oil prices. The big oil companies should outperform the drillers. Using EV/EBITDA multiples, the big oil companies are cheap.