These global competitors aim to boost revenues and earnings by tapping opportunities abroad, including those in emerging lands. Coca-Cola , McDonald's , and Caterpillar are among the many US -based players operating abroad. Don't forget foreign multinationals. "Volkswagen is the biggest seller of autos in China , and Switzerland -based Richemont [a luxury-goods group] gets close to 60 percent of its revenues from emerging markets, one way or another," says Ray Mills , portfolio manager of the T. Rowe Price Overseas Stock Fund in Baltimore.
Look for large-cap stocks that have a sizable, and growing, presence overseas.