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2 Strategists Who Correctly Called Last Year's Bull Market Think the Rally Will Continue in 2025. Their S&P 500 Price Target May Shock You.
TGTTarget(TGT) The Motley Fool·2025-01-09 20:30

Heading into 2024, many strategists doubted the market's ability to keep moving higher after a strong 2023. Inflation was still high, and the Federal Reserve had not yet indicated it would cut interest rates. Estimates for the broader benchmark S&P 500 (^GSPC 0.16%) ranged from 4,200 to 5,400.Those turned out to be wrong, and the S&P 500 ended the year at 5,881 after topping 6,000 numerous times and making 57 all-time highs during the year. Most market strategists failed to predict the market's bull run in ...