Tue. Dec 24th, 2024

Wall Street Strategist Tom Lee Predicts S&P 500 Rally to 4,600 by 2024

Fundstrat Global Advisors Managing Partner Tom Lee predicts the S&P 500 index will reach 4,600 by the end of 2024, representing a 25% increase from its current level. Lee’s optimistic outlook is based on the belief that the economy will continue to recover from the pandemic and corporate earnings will grow. He also cites the potential for a ‘Blue Wave’ election outcome, which could lead to increased infrastructure spending.

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