U.S. companies are fleeing Russia, something that could create headwinds going forward. For companies in countries that haven’t imposed sanctions, however, it could be a long-term opportunity.
Since Russia invaded Ukraine, U.S. companies have announced plans to leave the country. Walt Disney( DIS) won’t release its movies; Apple (AAPL) won’t sell its iPhones, and Ford Motor (F) will stop making cars. For most, the hit will prove immaterial—Russia is just too small a market to make all that big a difference.
But…