Rough Market Week Ends on Strong Note

May 14, 2021

In this strategy briefing…

The S&P 500 closed at 4,173.85 down from and ATH of 4,232.60 last Friday. It was one of those weeks where those numbers are deceiving. It felt like the world was ... – The Wall Street DebriefRead more
The biggest news this week, in our view, is the CDC announcement that “fully vaccinated Americans” no longer need to use masks. This a validation of the effectiveness of vaccines and also bodes well for many Epicenter ... – 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 it is likely that Epicenter/Cyclicals will resume leadership of the market. We see a lot of bullish catalysts building for cyclical stocks.
‘21 Target: 4,300 (YE P/E 21.1x · 2022 EPS $204)
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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