Three Asian stocks for high returns

With growth muted in the West, investors should seek profits in Asia, says professional stock picker Samir Mehta. Here, he tips three Asian stocks to buy now.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Samir Mehta, manager of JOHCM Asia ex-Japan Fund.

With muted economic growth in the West, Asia rightly stands out as a more attractive region for investors. It is home to a number of quality companies delivering sustainable, long-term growth. These firms operate scalable businesses capable of growing five or tenfold over the next few years without needing the same amount of capital. That will generate high returns on capital. Such firms also have a strong emphasis on cash-flow generation and can grow in most economic conditions. Here are three I like.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Explore More