These 4 Stocks Will Benefit From A Weaker Dollar in Q1: Ford Motor Company (F), Philip Morris International Inc. (PM)

McDonald’s has significant exposure with nearly 39 percent of total revenues coming from the euro zone in Q1 of last year.  The company stated in its Q3 filing that Europe’s emphasis on everyday affordability added 1.8 percent in same stores sales growth in Q3 and 3.4 percent growth for the first nine months of 2012. Given an IMF forecast of -0.4 percent GDP growth in the Euro area in 2012, this is not a bad performance.  With more people stomping out those butts in Europe, Phillip Morris has not fared as well as Mickey D’s.  Revenues are down nearly 9 percent compared to a year ago.

Consumers sometimes trade one habit for another, in this case butts for the ringtone jingle of a smart phone, as Apple reported revenue growth in Europe of almost 11 percent in its most recent filing. Not bad for a company whose stock recently took a 12 percent thrashing amid fears of slowing revenue growth.

Whether their revenues in Europe are growing, flat, or falling, a weak dollar will give a slight tailwind to each of these companies’ income statements if the EUR/USD exchange rate continues to rise.

The article These 4 Stocks Will Benefit From A Weaker Dollar in Q1 originally appeared on Fool.com and is written by G C Mays.

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