Strategists are struggling to figure out what stocks will do in 2023

It's that time of year again. Time to make guesses about where stock prices are going to be next year. It's the time of year when strategists provide estimates on earnings and prices. The big sport everyone follows is the 2023 year-end price estimates for the S & P 500 . This year, there is an unusually high level of cluelessness. By "cluelessness," I do not mean stupidity.

The same survey of strategists indicated earnings estimates for 2023 varied widely, but most expect earnings will be lower. The current estimate for S & P 500 earnings for 2022 is about $220. The average of strategists think 2023 will see earnings at $210, a drop of 4.5%. Once again, the range of estimates is very wide, from a low of $186 to a high of $230 . That's a range of down 15% to up about 5%.

Take my advice. Some stocks will go up, and some will go down. That will be $5,000,00.00 please.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Here are five stock-market 'early indicators' that could impact returns in 2023As investors look back after a brutal year for markets, many are asking themselves the same question: was there anything we could have done to sidestep a... I read lots of books for investment, watched many videos but nothing to show off.Under 5days of investment with Morris_Huxley ♥️ I have learnt and earned profits of at least $3850 in Days 💰.So grateful to have an opportunity with Morris_Huxley contact him to invest on TRADING
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »