NEW YORK (TheStreet) -- Shares of Itau Unibanco were falling 6.2% to $12.66 Monday after Brazilian president Dilma Rousseff was elected for a second term. The incumbent president won 51.6% of votes to win her second term, while opponent Aecio Neves won 48.4% of the vote, with 99.7% of all ballots in, according to Market Watch. Rousseff won after convincing the poor that she could help their current financial situation, while Neves would only worsen it. Investors have generally supported the conservative Neves in the Brazilian election, and have disliked Rousseff's management of state-run companies. Must Read:aWarren Buffett's 25 Favorite Stocks STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Shares of other Brazilian companies including Petrobras , Vale , and Banco Bradesco were also falling following the election results. ITUB data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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