Global Value: 3 Stocks Under $10 Riding a Weak Dollar

Macroeconomic Context - A weaker U.S. dollar is making international stocks more attractive as it increases the value of foreign earnings when converted to USD [1][2] - The Trump administration's One Big, Beautiful Bill raised the debt ceiling, leading to inflationary pressures on the dollar despite some spending cuts [2] - Analysts expect the Federal Reserve to begin cutting interest rates in the fall, which may further support international stock investments [2] Investment Opportunities - Mizuho Financial Group is gaining investor interest as Japanese stocks are seen as undervalued, particularly with the Bank of Japan cautiously raising interest rates [3][4] - Mizuho's stock has increased by about 20% in 2025, driven by improved loan profitability and earnings power due to a steepening yield curve [4] - United Microelectronics Corp. is positioned as a stable investment in the semiconductor sector, focusing on mature nodes needed for automotive and IoT applications, despite facing tariff concerns [7][8] - United Micro's stock is up 9.7% in 2025, with a stable net margin of 19%, although it has seen a decline of 5.6% over the last 12 months [8] - Suzano S.A., the world's largest pulp producer, is benefiting from recovering pulp prices and a joint venture with Kimberly-Clark, with its stock up nearly 5% in the last three months [11][12] - The Brazilian real's strengthening adds to the bullish case for Suzano, as its products are priced in dollars, indicating potential for growth [13]