Topic: How To Invest

Hi Pat: Can you tell me a couple of Canadian stock names that do multinational business like McDonalds, Wal-Mart, Coca-Cola, etc.? Can you advise if Power Corp. can be considered as one? Do they have more businesses in Europe than in other continents? Please kindly advise.

Article Excerpt

Many leading U.S. and Canadian multinational companies stand to gain from rising consumer and business demand in foreign markets. These global companies also cut risk for investors. We generally advise against investing directly in foreign markets, especially emerging markets. These markets are highly volatile, and growth can be swift. But investors enjoy far less legal protection than they do in more developed countries. However, high-quality U.S. and Canadian companies with profitable international interests can be good additions to almost any portfolio. Canadian stocks with substantial foreign operations (especially outside the U.S.) include the following: Finning International, $27.60, symbol FTT on Toronto (Shares outstanding: 171.6 million; Market cap: $4.7 billion; www.finning.com), gets 50% of its revenue from Canada, 36% from South America and 14% from the U.K. and Ireland. Finning is a recommendation of The Successful Investor. It’s a buy. Bombardier, $4.17, symbol BBD.B on Toronto (Shares outstanding: 1.7 billion; Market cap: $7.1 billion; www.bombardier.com), gets about 47% of its revenue from Europe, 23% from…