Adam Parker Targets 1,840 on the S&P, Shares Sector Picks
Speaking with Trish Regan and Adam Johnson on Bloomberg Television’s “Street Smart” Morgan Stanley’s Adam Parker said there were reasons for the stock market to continue showing strength.
Improving economic conditions worldwide will contribute to earnings growth and underpin the U. S. stock market, according to Parker. His upside target for the S&P 500 is 1,840.
Parker’s top choices for sectors include healthcare (especially pharma and biotech), technology (software), and industrials (global conglomerates).
Related Posts
One Comment
Leave a Reply
-
TEVA Pharmaceutical Added to the SMA PortfolioThe recent collapse in TEVA Pharmaceutical Industries Limited (TEVA)...
- August 5, 2017
-
SPDR S&P Oil & Gas Equipment & Services ETF (XES) AddedThe energy sector has suffered a melt-down over the...
- June 21, 2017
-
Bear Market Not Seen Under Current Liquidity: BernsteinToday on CNBC, Richard Bernstein, CEO of Richard Bernstein...
- May 16, 2017
-
Is the Retirement Crisis Really a Crisis?PBS Frontline recently presented a documentary called “The Retirement...
- April 25, 2013
-
Alarming Chart of the Stock Markets of 1987 and 2012-2013Several days ago I posted a chart showing the...
- May 22, 2013
-
Gary Shilling’s Favorite Investment: 30 Year Treasuries
Larry Kudlow interviewed Gary Shilling last week. Shilling continues...
- June 23, 2011
Michael Toris
October 1, 2013 at 1:48 pm
Never trust a man who wear trendy eyewear and owns a sunlamp.