July 16, 2021

In this strategy briefing…

Summary - S&P 500 closed lower on the week at 4,327.16, which is down from 4,369.55 last week. - Despite hovering near all-time highs, the chop of July is being felt acutely. - ... – The Wall Street DebriefRead more
HEADS UP: I took a vacation this past week, so there was not any “scheduled” market commentary July 12th to July 16th.  COVID-19 daily updates were sent, but without market color.  Current Trends — COVID-... – Tom Lee's Equity StrategyRead more
Below we've highlighted stocks that we recommend across at least two of our investment strategies for 2021. These companies could benefit from multiple themes and secular tailwinds – clear picks in our view. Figure: Granny Shots are ... – Granny ShotsRead more

FS Insight Investment Views

Near Term View:We think rates are likely at or near a bottom and will reverse direction. We think Epicenter sectors will lead gains but are keeping OW on FAANG and N on Financials. Energy still our favorite!
‘21 Target:4,600 (YE P/E 21x · 2022 EPS $219)
Granny shots:PM, MNST, AAPL, GOOG, MSFT, BIIB, MO, GILD, REGN, PG, EIX, MU, QRVO, MXIM, SWKS, AMZN, D, NVDA, QCOM, EBAY, PSX, TSLA, GRMN, PYPL, AXP, BF/B, CSCO, XLNX
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