Economic Recession: Weak dollar buying opportunity
Posted May 1, 2008
“The news isn’t all bad… Some U.S. companies are making the most of the weak dollar trend. How? By ramping up business overseas.” — Ann Sosnowski
by Ann Sosnowski
Baltimore – (TFN): In many ways, the weak dollar is making life harder for Americans. All the “stuff” we import, from oil and gas to children’s toys, has grown more expensive because of it.
But the news isn’t all bad… Some U.S. companies are making the most of the weak dollar trend. How? By ramping up business overseas.
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*** This thriving tech company could double your money TWICE in two years!
This little-known company I’ve just discovered is so diverse and on the cutting edge that they’re developing, designing and even manufacturing vital components for some of this season’s hottest gifts. Companies like Samsung, Motorola, Mitsubishi, Nintendo and Apple all have this company’s technology “hidden” inside their products!
This relatively unknown company’s share price could soar 100% or more with a staggering amount of ease by next year… but the ramp is about to begin!
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While we Americans are famous for buying things we don’t make, it turns out we do still make stuff here at home. In the language of econo-speak, “durable goods” represents stuff with a lifespan of three years or more. Even as downturn fears grow, durable goods orders grew 1.5% last month… and a lot of those goods will be headed overseas.
Economic Recession: Hooray for multinationals
The American companies faring best right now are the ones that are diversified around the world. You can see this in recent earnings reports. Read on to learn which U.S. companies will thrive in the current economic climate.
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