Strong Q1 earnings will power stock market to new highs: Fundstrat

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

United States News News

Better than feared first quarter earnings results will power the stock market to new highs, Fundstrat says

report results. Lee has high hopes for tech stocks to beat earnings results given their strong year-to-date rally, with the technology sector posting the strongest performance so far this year despite recent weakness in April.

Lee isn't the only Wall Street strategist that sees continued strength in the latest batch of earnings. BMO chief investment officer Carol Schleif said in an e-mail to Insider that there have been"no major red flags" in earnings results.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States United States Latest News, United States United States Headlines