can continue to climb its wall of worry because its foundation is built on earnings growth. The bricks are made from FOMC and inflation news bites, which sustain a low level but subsiding fear. The bricks may grow heavy enough to keep the market from rising more, or the wall may become top-heavy and lead to a crash, but that hasn’t happened yet.
Wedbush sees the S&P 500 rising another 15%. In their view, index growth will accelerate as expanding use cases for AI broadens the market for today’s AI leaders and leads to a broader rally in tech. The analysts' top two choices are NVIDIA (NASDAQ:which have emerged as the leaders in the enterprise AI industry, but most Mag Seven names are included in their forecast.
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