EDPFY
EDP SA S/ADR
stock OTC ADR

The larger foreign stocks will have an ADR equivalent you can trade instead. These allow you to trade in USD (not the local currency). Liquidity for the ADRs tends to be good (although not as good as the native market) and most major brokers will let you trade them. You can also trade them during American hours.
ADRs though will have a pass-through fee...roughly 1-5 cents per share...AI can help with ADR fee math. There are also hidden currency conversion risks/costs.
Probably the biggest benefit of an ADR is it simplifies taxes. The ADR institution will do tax math for you and if there is a bi-lateral withholdings treaty they will lower the taxes automatically (or sometimes exempt them if in a tax shelter that the other country recognizes). Often you'll still lose out on some foreign taxes (withholdings), but typically you can claim a foreign tax credit to offset these (if the company's country had a tax treat with the US).
Examples of ADR include BYDDY (for BYD the Chinese car company) and EDPFY (for EDP the Portugal energy company).
Be careful investing overseas...currency risk is a serious problem. Check the annual deprecation rate of that currency. Say it is 6% against the USD. That means your foreign investment must return over 6% annually just to overcome currency inflation. The big countries mostly are fine...but the smaller developing countries have major currency risks.

The larger foreign stocks will have an ADR equivalent you can trade instead. These allow you to trade in USD (not the local currency). Liquidity for the ADRs tends to be good (although not as good as the native market) and most major brokers will let you trade them. You can also trade them during American hours.
ADRs though will have a pass-through fee...roughly 1-5 cents per share...AI can help with ADR fee math. There are also hidden currency conversion risks/costs.
Probably the biggest benefit of an ADR is it simplifies taxes. The ADR institution will do tax math for you and if there is a bi-lateral withholdings treaty they will lower the taxes automatically (or sometimes exempt them if in a tax shelter that the other country recognizes). Often you'll still lose out on some foreign taxes (withholdings), but typically you can claim a foreign tax credit to offset these (if the company's country had a tax treat with the US).
Examples of ADR include BYDDY (for BYD the Chinese car company) and EDPFY (for EDP the Portugal energy company).
Be careful investing overseas...currency risk is a serious problem. Check the annual deprecation rate of that currency. Say it is 6% against the USD. That means your foreign investment must return over 6% annually just to overcome currency inflation. The big countries mostly are fine...but the smaller developing countries have major currency risks.