Three strong German stocks to buy now

Booming economic conditions have seen the German market outperform the rest of Europe. And professional investor Robert Smith believes the growth will continue due to strong consumer demand and rising exports. Here, he tips three excellent German firms with good growth prospects and strong balance sheets.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Robert Smith, investment manager, Baring German Growth Trust, Baring Asset Management.

Booming economic conditions have seen the German market outperform the rest of Europe in recent months. Over the four months to the end of April 2011, the Dax 30 returned 12.8% for investors, compared to 6.8% generated by the wider MSCI Europe Index.

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