Stocks: Sifting for the Best ADRs
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.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- As Bitcoin Sinks, Crypto Bros Party Hard on a Blockchain Cruise
- Norwegian Airlines Sets Record for Fastest Transatlantic Flight
- Tanker With Russian Gas for Boston Makes Mid-Atlantic U-Turn
- How a 22-Year-Old Discovered the Worst Chip Flaws in History
- Your Emotional Support Duck Is Not Welcome in Seat 15C