Tom Lee Says Wait for It With 2015 Stock Call Proving Too High
- The biggest bull on Wall Street says the S&P will reach 2,325
- Stocks will rally on an `earnings surprise', weaker dollar
What Will the Markets Look Like in a Year?
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Thomas Lee, the Fundstrat Global Advisors LLC stock forecaster whose bullish equity predictions in 2015 are poised to make him the least-accurate strategist tracked by Bloomberg this year, says time will prove him right.
Barring a 13 percent rally in the Standard & Poor’s 500 Index in the next 10 days, Lee’s forecast that the S&P 500 would end this year at 2,325 will be the farthest from the mark among 23 Wall Street analysts surveyed by Bloomberg. In other words: for Lee to be right, it will require the biggest monthly advance in stocks since 1987.