S&P 500 Has Volatile Week But Recovers Some Losses Friday

August 20, 2021

In this strategy briefing…

Key Points - S&P 500 closed at 4,441.67, down from 4,468.00 last week. On Wednesday and Thursday, there was turmoil in markets, but a widespread rally Friday reversed course. -The Epicenter sectors ... – The Wall Street DebriefRead more
Since closing at an all-time high of 4,480 four days ago, the S&P 500 has been lurching violently lower.  Based on our multiple conversations over the past week, it seems the wall ... – 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: Markets had a tough week but based on our analysis Delta will likely peak soon. Our base case is for a risk-on rally into the end of the year with Epicenter leading 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
Disclosures (show)