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He's especially enthusiastic about Brazil.
"They really have everything that the world is consuming right now," he told CNBC, referring to Brazil's abundance of agricultural land, energy and metals. "Tie that along with getting investment-grade by S&P a little bit sooner than everyone expected, and it starts to come together."
He thinks Brazil has the edge on Mexico because of Mexico's close ties with a slowing U.S. economy, and because Brazilian president Luiz Inacio Lula da Silva has managed to separate his country's social programs from its economy.
Recommendation:
Del Zoppo recommends that investors sell Citigroup [C
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] and buy Brazilian oil producer Petrobras [PBR
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].
"I think you can just pull up a chart and look at Citi versus Petrobras, and you tell me what the chart looks like," he said.
Disclosure:
Disclosure information for Del Zoppo was not immediately available.
Data is a real-time snapshot *Data is delayed at least 15 minutes