About

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Andrew T. Gillies is Director of Communications at the Center for Audit Quality, an affiliate of the American Institute of CPAs, in Washington, DC. Based in Washington since 2002, he has also worked in editorial and communications roles at the Investment Company Institute, the World Bank, Forbes, and Vault.com. His policy-themed writing has focused on aerospace and defense, energy and environment, transportation, and financial services.

Friday, January 04, 2002

Overseas Platinum

NEW YORK - For those looking to invest overseas, the Forbes Platinum 400 may be a good place to start. While the list sets tough requirements for qualifying companies, there are none regarding geography. The list is dotted with foreign firms that have a significant presence in the U.S. market and whose shares are either listed in the U.S. or trade here as American Depositary Receipts (ADRs).

Example: Holland's Royal Ahold (nyse: AHO - news - people ), which runs supermarkets and food service operations in 27 countries. The $26 billion (market value) company made the list thanks in part to its five-year (annualized) sales growth of 30%. Platinum rivals Kroger (nyse: KR - news - people ) and Safeway (nyse: SWY - news - people ) managed just 13% and 15%, respectively.

Full story at Forbes.com