Why Americans Are Loving European Stocks

Old World bourses have been an investor's delight due to corporate restructuring, solid economies, M&Asand especially the rising euro

Summertime, and the living is easy—not to mention, profitable—for investors who have placed their bets on Europe's stock markets. From Frankfurt to Madrid, European equity markets have run rings around their American counterparts this year. And American investors in European stocks have done even better: Thanks to the rising euro, they've scored world-beating gains on the Old World's bourses.

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