Posts Tagged ‘weak dollar’
Conclusion to take advantage of the falling dollar.
February 21st, 2010
Values, both international and domestic, provide another area for investors to take advantage of a slip in the dollar. If the forecast looks bleak for the U.S. securities markets, some foreign markets may be poised to profit. Of course, there are also U.S. stocks that could benefit from a falling dollar. Large multinational firms that have foreign markets to generate much of their profits benefit when the dollar weakens because it makes a pound or Japanese yen in a greater amount of U.S. dollars. Some names like Procter & Gamble (NYSE: PG), General Electric (NYSE: GE) and PepsiCo (NYSE: PEP) come to mind. (more...)
Tags: global economy, investments, Pound Sterling, weak dollar