Three stocks to buy to profit from a US recovery

America's moderate economic revival is good news for emerging-markets, says professional stock picker James Syme. Here, he tips three stocks to profit.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: James Syme, senior fund manager, JOHCM Global Emerging Markets Opportunities Fund.

The anticipated winding down of quantitative easing (QE) in America poses challenges for many emerging markets. This is especially true of those dependent on foreign capital: stock markets in Brazil, India and Indonesia, which have sizeable current-account deficits, have been particularly hard hit. But QE tapering' is only on the table because the US economy is improving. This moderate revival presents opportunities for emerging-markets-based exporters with world-class brands and technology. These companies will be helped by the recent sharp drop in many emerging-markets currencies against the dollar.

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James Syme is manager of the JOHCM Global Emerging Markets Opportunities Fund.