Fundstrat Global Advisors' Tom Lee has updated his list of "epicenter" stocks he believes will rally as the rollout of Covid-19 vaccines fuels an economic resurgence in the United States.
Lee, who is a CNBC contributor, told Fundstrat clients in an email that he's added 21 stocks to the list and removed 10, bringing the total number in the so-called Epicenter Trifecta group up to 121. Lee is one of few strategists on Wall Street who, by and large, correctly predicted the stock market's dramatic ups and downs last year.
He noted that the list is titled toward cyclical stocks, those that tend to rise and fall in step with the broader U.S. economy. Contributing to his outlook for a healthier economy is an acceleration of the vaccine rollout, marked declines in the number of cases, strong credit markets and government timelines to reopen portions of the economy.
"Overall, it seems like the US is on track for sub-50,000 cases by the end of the month," Lee wrote. "And potentially 25,000 daily case rate by mid-March. And if the vaccinations keep tracking, both in the dosing and in the effectiveness, the pace of improvement could be faster."
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fundstrat Tom Lee is a seriously nice guy but picking up dimes in front of steam roller only works until doesn’t.
fundstrat Paywall ☹😢😭
fundstrat Own a 4 banger in $STKL fwiw.
This link leads one to believe that if you pay for CNBC pro, you get fundstrat 'bunch more picks'....
fundstrat Paywall 😂
I only knew fundstrat from Bitcoin then started working at his other work, I learned alot from this dude.
And you guys are still paying insurrectionist, anti-American asshats. Najarian is on all day, you run his paid ads, yet comcast lied about supporting the q-nut, conspiracy based, election fraud contingency.
American swindlers!
95% only bad news(
This guy is so good each eye simultaneously looks at a different investment
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Pro Yes, breonna Taylor’s dead body needs much more than $12M in payment.
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