With our domestic market largely saturated, most stalwart blue chip stocks have had to look internationally for their growth. Many have set their sights on Europe, and with good reason. The region is developed, wealthy, and stable. However, a collapsing euro has meant that those blue chips are bringing fewer dollars home and many are seeing big pressure on their earnings as a result.
Watch the video below to get some perspective on those companies that are most troubled by this trend today. (Some of the data cited is from a Factset Earnings Insight Report.)
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