As Wild Year Ends, We See 15% SPX Gain Yearend 2021, to 4300

December 31, 2020

In this strategy briefing…

As the year turns, many—if not most—of us are saying, “Good riddance to one of the worst years in recent history.” In my 35 years of observing markets, I can say I’ve never seen ... – The Wall Street DebriefRead more
... – Tom Lee's Equity StrategyRead more
After a historic rebound in 2020, the question investors are asking the most is are we heading into year-end correction? The short answer is I’m expecting equity markets to begin a correction, or at least ... – Daily Technical StrategyRead more

Fundstrat Direct Investment Views

Near Term View: Stimulus, COVID-19 rollover, falling VIX point to rebound for Small-Caps
‘20 Target: 3,800 (YE P/E 19.7x · 2021 EPS $193)
Granny shots: GOOG, AAPL, CSCO, XLNX, GRMN, MSFT, MXIM, LEN, KLAC, MNST, OMC, GWW, INTC, LOW, AMZN, EBAY, TSLA, PYPL, AXP, BF/B, PM, NVDA, QCOM
Disclosures (show)