2019-5-4 22:00 |
By CCN: Fundstrat Co-Founder Thomas Lee has been covering the stock market for longer than he’s been analyzing bitcoin. And while crypto has been a tough nut to crack, he’s got a pretty good track record with stocks.
Lee’s scorecard bodes well for his latest prediction that the S&P 500 index will reach 3,125 by year-end, which is higher than his previous forecast of 2,925. So why so bullish? For one thing, stocks have already blown past Fundstrat’s previous target of 2,925 with the S&P currently hovering at 2,940. Also, while many analysts were anticipating a dismal first quarter for
The post S&P Bull: Fundstrat’s Tom Lee Says ‘Buy Stocks Even at New Highs’ appeared first on CCN
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