February 19, 2021

In this strategy briefing…

The S&P 500 was essentially flat on the week. It closed at 3934.83 last Friday and this afternoon it ended the week at 3,906.71. There was a lot of attention on Washington ... – The Wall Street DebriefRead more
I would like to start this note by offering my thoughts and prayers to all those impacted by the current severe weather. Overall, trends in the US regarding COVID-19 are positive particularly regarding daily cases which ... – Tom Lee's Equity StrategyRead more
Every day I have many calls with institutional clients all over the world. Their mandates are quite varied from strategic long-only portfolio managers, hedge funds, and tactical traders. During these exchanges, we have the opportunity to ... – Portfolio StrategyRead more

FS Insight Investment Views

Near Term View:COVID-19 cases continue falling. The outperformance of cyclicals this week and VIX makes us think rally is intact.
‘21 Target:4,300 (YE P/E 21.1x · 2022 EPS $204)
Granny shots:AAPL, CSCO, INTC, MXIM, NVDA, EBAY, KLAC, GRMN, GOOG, MNST, MSFT, AMZN, QCOM, TSLA, PYPL, AXP, BF/B, PM, XLNX, TGT, PG, XOM, VLO, GL, RF, ATVI, BBY, GE, AMAT, LRCX, MU, HPQ
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