# 🥥 ADR

By [Let Them Eat Cake](https://paragraph.com/@ltecake) · 2022-06-20

---

**TL,DR: Like pineapples and coconuts, ADRs are imported**

ADR / Pineapple & Coconut

*   imported products
    
*   sold in U.S. dollars
    
*   popular and healthy
    

Eatamology “ADR” stands for American Depository Receipt. American, because they are sold in the United States using U.S. currency. Depository, because foreign companies deposit shares of their companies into U.S. banks prior to sale. Receipts, because finance people love to use alternative words for products.

Financials ADRs represent shares of foreign companies sold in U.S. markets. They sometimes carry the added risk of instability suffered by foreign nations dealing with issues related to financial transparency, geopolitical stability, and corruption. Additionally, the global financial system relies on stability in the United States. A recession or depression at home can trigger international economic woes abroad.

Where to Find Most exchanges carry ADRs individually and as part of ETFs.

Nutrition Facts

`Price/Earnings: Low`

`Shares Outstanding: Low`

`Alpha: High`

`Beta: <1`

Example Ingredients: Novartis, Astrazeneca, Toyota

---

*Originally published on [Let Them Eat Cake](https://paragraph.com/@ltecake/adr)*