Reported 10 days ago
John Stoltzfus, chief investment strategist at Oppenheimer Asset Management, has increased his S&P 500 target for 2024 to 6,200, citing strong revenue and earnings growth in corporate America, effective Federal Reserve policies, and resilient economic indicators as key factors. Despite concerns regarding valuation, Stoltzfus believes improved earnings have alleviated these worries.
Source: YAHOO