Stocks to buy, best trades after FAANG and tech beneficiaries: Tom Lee

Industrials are the next most attractive buys now after big tech and similar stocks, Tom Lee says.He sees the broader S&P 500 gaining 20% this year.

The characteristically bullish strategist, who worked at JPMorgan before starting his own firm, sees the S&P 500 finishing 2023 at 4,750. That would represent a 20% gain for the full year. Since the benchmark index is up 11.3% year-to-date, it still has remaining upside, per Lee's forecast. The industrials sector ranks fourth, and Lee has named several specific industrials stocks that are ripe for the picking.

Nederland Laatste Nieuws, Nederland Headlines

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