Seven Stocks That Benefit From a Falling Dollar

The U.S. dollar is making headlines. As of early January, the battered greenback was down more than 32% from its peak in early 2002 against the euro and roughly 20% against the Japanese yen.

With the U.S. running a huge trade deficit and huge budget deficit, many foreign investors are convinced that the U.S. government wants the dollar to continue to fall.

The outlook for the dollar is so bad that Warren Buffett, for the first time in his investing life, has bought foreign currencies. Buffett notes that he's been wrong before in his worries about the consequences of rising U.S. deficits, but, as he told Fortune magazine in late 2003, "this time I'm backing it with Berkshire Hathaway's money." ...