Sony Corporation (ADR) (SNE), Toyota Motor Corporation (ADR) (TM): Why U.S. Stocks Are Crushing the Competition

For Japan, the success or failure of its aggressive economic policies will determine whether its stock market success can continue. With dramatic devaluations in the yen, the government hopes to spur growth from its export sector, and shares of Sony Corporation (ADR) (NYSE:SNE) and Toyota Motor Corporation (ADR) (NYSE:TM) have responded with even greater gains than the overall market. Sony has nearly doubled in 2013 on the prospects for a better export environment, while Toyota has climbed about 50% even though U.S. automakers have been equally strong in meeting the challenge.

A buying opportunity?
Performance in domestic and international stock markets tends to be cyclical, and right now, it’s America’s turn to shine. Value-conscious investors might do best to take advantage of the relative cheapness of stocks from elsewhere in the world to diversify their portfolios, but for today, Independence Day is an appropriate time to celebrate the U.S. market’s dominance in 2013.

The article Why U.S. Stocks Are Crushing the Competition originally appeared on and is written by Dan Caplinger.

Fool contributor Dan Caplinger and The Motley Fool have no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger.

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