So does Jeff Macke. He adds short Starbucks.
Dylan Ratigan explains that the weak dollar should also provide a tailwind for McDonald’s profits overseas.
On a related note, Jeff Macke adds Toyota (TM) , Nintendo (NTDOY) , Honda (HMC) and Sony (SNE) also benefit from weak currency – in their case the yen is weak and that benefits their exports.
For the same fundamental reasons Eric says precious metals are a good play. He likes gold.
In another related note -- Pete Najarian likes Daimler (DCX) and Honda for their diesel technology.
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Trader disclosure: On July 12th 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders Macke Owns (EMC), (SWY), (JWN); Bolling Owns (MPEL), (ICE), (NMX), Gold, GE Is The Parent Company Of CNBC