Seeking Bargains in Battered Europe

Among the attractive stocks: Exporters, which should benefit from a cheaper euro

By Lynn Thomasson and Rita Nazareth

Not all investors are taking the Continent-wide crisis as a reason to flee Europe. Some money managers see it as a chance to go bargain hunting. One theory: The euro's slump, to a 4-year low against the U.S. dollar, will boost exporters and lift economies.

David G. Herro of Harris Associates, named the international fund manager of the decade this year by Morningstar (MORN), bought shares of Spain's Banco Santander (STD) in the past month. He added to his stake in Paris-based yogurt maker Groupe Danone ( fSeeking Bargains in Battered Europe - BusinessWeek Rence Spankingattractivebarefemalemanagers Pt Albums%202006 Bezerker World Of Lies Spanking Attractive Bare Female Managersu s Attractive qSeeking Bargains in Battered Europe - BusinessWeek Rence Spankingattractivebarefemalemanagers Pt Albums%202006 Bezerker World Of Lies Spanking Attractive Bare Female Managersm Spanking Attractive Managers