Reported about 7 hours ago
Truist's Keith Lerner emphasizes that earnings are a crucial factor for the current market, marking a stable part of the ongoing bull run. With forward earnings estimates at new highs and a positive beat rate of 5%, Lerner expresses confidence in the market's upward movement. He highlights that 10 of 11 sectors are posting gains, suggesting broader opportunities for investment, particularly in communications, technology, mid caps, and financials. However, he cautions that potential policy changes could introduce volatility.
Source: YAHOO