With U.S. stocks near all-time highs, the real value may be found in Europe, where the economic recovery is gaining steam. All that underscores the opportunity in European stocks, which recently began to outperform the U.S. The up considerably Tuesday on news of growth in European Union purchasing managers index readings, has risen 2.3% in the past month, better than the S&P 500’s 0.1% gain in that time. Vaccinations and reopenings in Europe have increased.
