Weak dollar winner #3: Starbucks (SBUX)


Weak Dollar Winner #3 -- Starbucks (SBUX)We have seen what exports can do for fast food restaurants. Can the same happen with coffee stocks?

In some ways, it is already happening. Starbucks (SBUX) has made a big push overseas and many of its stores can be found in foreign markets. And a weak dollar is going to accelerate the trend greatly.

Starbucks knows how to saturate a market, and as it becomes more attractive for the company to increase foreign sales, look for Starbucks to follow the on-every-corner approach that helped the company dominate the U.S. market. Even if the U.S. market struggles for Starbucks, the foreign potential is still quite large and will offset domestic weakness.

Next: Weak dollar winner #4: PepsiCo

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Last updated: February 08, 2012: 11:59 PM

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