Stocks Up 2% But Off Highs as Apple Reignites COVID Fears

June 19, 2020

In this strategy briefing…

It wasn’t a bad week, as stocks rose, but it could have been better. There’s a war going on between the bulls and bears, with each seizing every little data point to buttress their opposing ... – The Wall Street DebriefRead more
Unfortunately, daily cases are up again in the US, with the same four states accounting for the bulk of cases: CA, TX, FL and AZ. I don’t think the states need to roll back the eased ... – Tom Lee's Equity StrategyRead more
In the past week alone three big market “skeptics” tried to take center stage and herald their bearish forecasts. We’ll take a look at their arguments below. I’ve been on the record for months now ... – Portfolio StrategyRead more

FS Insight Investment Views

Near Term View: Buy Epicenter Stocks for the Skepticism, Stay for the Growth
‘20 Target: 3,450 (YE P/E 17.9x · 2021 EPS $193)
Style: High Quality
Granny shots: GOOG, AAPL, AMP, PYPL, NVDA, CSCO, XLNX, FB, MNST, VRSN, DE, QCOM, KSU, EXPE, MXIM, MSFT, TTWO, ROK, DOV, PSX, BKNG, EBAY, EMR, TSLA, AXP, BF/B, PM, GRMN
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