Positive Pfizer News Drives Rally in Energy and Reopening Names on Friday, S&P Closes at another All-Time High

November 5, 2021

In this strategy briefing…

Key Takeaways S&P closed at 4,697.52, an all-time high, which is up from last week’s close, also an all-time high, of 4,605.38. This morning’s job report was ... – The Wall Street DebriefRead more
STRATEGY: Stocks rallying because incoming data increasingly matching Fed view of “patience on rates”3Q2021 productivity drops to lowest in 40 years: not viewed as inflationary –> proof market moving towards Fed viewProductivity in the US (essentially ... – 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:The Fed has announced tapering and markets responded well. We believe a lot of institutional investors are offsides as the newly announced Pfizer therapeutic is a game-changer in the fight against COVID. Re-opening/Epicenter and FANG are some of our favorites into YE.
‘21 Target:4,800 (YE P/E 22x · 2022 EPS $219)
Granny shots:MSFT, AAPL, GOOG, KLAC, PSX, PM, BF-B, AXP, PYPL, CSCO, XLNX, NVDA, ROST, PHM, QRVO, AZO, EOG, ATVI, WRB, USB, MPC, ULTA, TGT, TXN, AMZN, AAP, TSLA, GRMN
Disclosures (show)

Stay up to date with the latest articles and business updates. Subscribe to our newsletter

Articles Read 1/2

🎁 Unlock 1 extra article by joining our Community!

Stay up to date with the latest articles. You’ll even get special recommendations weekly.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)