The World’s Best Stocks: Experts Pick 10 Long-Term Buys

Stocks & Trading

Air LeaseBy Kathy Kristof

If you asked fund managers to name the world’s best stocks a year ago, they would have bent your ear about dozens of companies in Europe and developing markets in Asia and Latin America. But slowing growth in emerging nations and continuing worries about the health of the euro zone have (with a few exceptions) left investment professionals looking to the U.S. for their best investing ideas.

To be sure, the domestic economy remains tenuous. But so, too, do economies in virtually every corner of the world. Meanwhile, the U.S. dollar continues to be considered a safe haven in a storm, and that’s a plus for domestically oriented companies that don’t have to fight the headwinds of declining currency values abroad.

That said, international sales play a key role in keeping today’s best companies competitive both today and into the foreseeable future. “I am not confident that I can predict currencies any better than the market,” says Mark Finn, manager of the T. Rowe Price Value Fund. “But I am interested in owning companies that can grow in emerging economies.”

Here are 10 companies that many seasoned experts consider among the world’s best. They’re poised to grow and prosper for years, if not decades, to come. And so are their stocks. (All share prices are as of Sept. 24.)

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