S&P 500 and DJIA Close On Friday at Fresh All-Time Highs

August 13, 2021

In this strategy briefing…

Key Points - S&P 500 closed at an all-time high of 4,468.00, up from 4,436.52 last week. -The week started with cyclical and Epicenter sectors rallying, and the end of the ... – The Wall Street DebriefRead more
Recall, the IHME forecast USA infections would peak Wednesday, 8/11. And as the daily cases below show, this seems to be the case. The issue with this data is that several states, FL and Nebraska, ... – 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 upgraded Financials (XLF -0.47% ) from N to OW this week. We believe an improving healthcare situation and rate reversal will lead to an “everything rally” into YE. We believe Epicenter will lead the gains.
‘21 Target: 4,600 (YE P/E 21x · 2022 EPS $219)
Granny shots: AAPL, GOOG, MSFT, CSCO, PG, AMZN, AXP, BF/B, BIIB, CL, CLX, GILD, GRMN, LOW, NTAP, NVDAM PM, PSX, PYPL, QCOM, QRVO, REGN, TGT, TSLA, UPS, XLNX
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