Investing in the US Markets

The expected slow down in the US economy and the dollar fluctuations make investments in the US markets less appealing. I have an idea that may work in this situation:

Find a US company that
- Is healthy with fair growth potential
- Significant amount of its revenue comes from exports and international sales (large caps).
I did not research any particular stocks but examples could be P&G or Boeing.

Now if the US economy does slow down and the US dollar continues to drop, our company will not suffer, since much of its revenue come from sales in other countries and in currencies other than US dollar. This actually benefit the company since it magnifies the revenue in terms of US dollar. In addition, the drop in the US dollar increases the competitiveness of our company since its costs at home (e.g. research, head office, salaries) are in US$ and decrease compared to the international competitors.

As a different scenario, if the currency goes in the opposite direction (increase in the US dollar) then we will benefit since the value of the stock will increase in terms of Canadian dollar. In this case we have used the strong Canadian dollar to purchase assets in the US.