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Strong dollar works in these stocks' favour.
Australasian Business Intelligence, April, 2007
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Byline: Richard Hemming
Apr 03, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The rise in the Australian dollar will benefit those companies that import products they buy with US currency. These include automotive equipment suppliers Super Cheap Auto and Repco, toy distributor Funtastic, electronic retailer JB Hi-Fi and fashion importer Gazal. A stronger Australian dollar will also make overseas travel cheaper, improving the prospects of discount airfare seller Flight Centre. However exporters and companies earning revenue offshore will suffer from a stronger ...
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