A Strong Dollar Could Undermine These 3 Stocks With Massive Overseas Revenue

Two are household names, and the entire trio could see their results dinged by a greenback that continues to rise against foreign currencies. By ED PONSI Jul 14, 2022 | 10:45 AM EDT Stocks quotes in this article: MSFT, GOOGL, MDB Over the past year the U.S. dollar has been one of the hottest currencies in the worldThis week alone, the greenback reached a 20-year high against the euro and a 2-year high against the Japanese yenThe following chart shows the dollar’s dominance over a basket of currencies that includes the euro, yen, British pound and Canadian dollarSource of c… There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert. Already a subscriber? Please Login
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