Laszlo Birinyi Says S&P 500 Could Hit 3,200
Regarding naysayers who would say the market was overpriced, Birinyi stated he’s heard it all before and gave specific examples.
Birinyi indicated investors were too focused on earnings while they should be concentrating on earnings, revenue, guidance, and sales.
Back in January 2013, Birinyi said we were entering the end phase of the bull market where stocks do very, very well [link].
In the second video below, Birinyi discusses his current stock picks which include Berkshire Hathaway A shares, Visa, and Blackstone.