Stocks: Sifting for the Best ADRs

S&P's latest stock screen finds seven foreign names with its highest investment and fair-value ratings

Financial pros frequently advise investors to maintain exposure to international stocks in their portfolios (at Standard & Poor's, our current recommendation is that investors maintain 20% of their portfolios in non-U.S. equities). One way U.S. stock players can put their money in individual foreign equities is through American depositary receipts (ADRs). These are receipts held by a U.S. bank that represent stock in a foreign company. ADRs trade in U.S. dollars, making it simpler for stateside investors to put their money in non-U.S. shares.

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