Across the Atlantic, Stocks Look Cheap

Every day that the Dow jumps another 100 points and some random Internet stock goes through the roof, it gets harder to find a bargain in the U.S. stock market.

So if you're trying to rustle up some cheap stocks, you're going to have to head overseas.

Many international markets have trailed the U.S. this year. The S&P 500 is up 9.5% this year, and the Nasdaq has gained almost 20%. Meanwhile, European stocks are down. Asia has been weak from SARS, and Japan is still Japan. ...