bullish
Why Tom Lee Thinks We Could See S&P 15,000 by 2030
SUMMARY
- Stocks have rallied significantly in a rising rate environment, defying initial expectations
- There is nervousness in the market due to lack of breadth in stocks and heavy reliance on tech stocks like Nvidia
- Tom Lee, co-founder of Fundstrat Global Advisors, accurately predicted the stock market rally, with a target of 5500 for the S&P 500, which is close to the current level of 5475
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
- Unlock all research summaries
- Follow top, independent analysts
- Receive personalised alerts and emails
- Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
x