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Buy Momentum Stocks NVIDIA & Vistra as S&P 500 Aims for 7,000
NVDANvidia(NVDA) ZACKS·2024-12-04 21:05

The S&P 500 surpassed 6,000 amid U.S. economic growth and a strong labor market. With the Trump administration expected to create a favorable stock market environment in a low interest rate scenario, the S&P 500 seems well-poised to scale upward. Equity strategist Christopher Harvey of Wells Fargo & Company (WFC) , thus, forecasted the S&P 500 to reach 7,007 by 2025, while Yardeni Research and Deutsche Bank predicted it to finish at 7,000 next year.Hence, investors can capitalize on the present market uptre ...