Three overseas earners to buy now

With the continued concerns over the strength of Britain's economic recovery, it makes sense to seek out companies that earn a substantial part of their revenue overseas, says professional investor Andrew Morris. Here, he picks three resource-backed companies that are riding high on the back of strong commodity prices.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Andrew Morris, managing director of Rowan Dartington's Signature division.

The S&P 500 has just recorded its best first-quarter performance since 1998. That followed better-than-expected US consumer spending data and encouraging jobs data US unemployment is at a two-year low. Solid US economic data in turn helped the yen to significantly weaken against the US dollar, buoying the Japanese market. Indeed, the world's stock markets have performed particularly well, given the heightened levels of uncertainty that are currently being faced.

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