Oppenheimer’s Stoltzfus Is Biggest US Stock Bull for Third Year

Oppenheimer Asset Management’s John Stoltzfus expects the S&P 500 to rally 18% next year, becoming the most optimistic forecaster among those tracked by Bloomberg for a third year running.

The strategist expects the benchmark to trade around 8,100 points by end-2026 on the back of robust economic growth and monetary policy easing. His bullishness proved prescient this year, too, with the S&P 500 now about 3% away from his end-2025 target.