Tom Lee expects another strong year for stocks in 2026. The head of research at Fundstrat sees the S & P 500 rising to 7,700 next year, extending the bull market to a fourth year. That implies a gain of 11.8% from Wednesday's close. "After 3 years > 20% yearly gains, bull market still alive," Lee wrote in a note to clients. "The significant 'Wall of Worry' is a tailwind for bull market." Stocks have indeed climbed a so-called wall of worry in recent years, as companies active in artificial intelligence drove huge gains, even as concerns around persistent inflation and a softer labor market grew. .SPX YTD mountain SPX year to date The S & P 500 this year is up 17%. Communication services and tech, home to the "Magnificent Seven" stocks, have surged 33% and 27%, respectively, in 2025. The be
Tom Lee sees S&P 500 hitting 7,700 in 2026, extending bull market
CNBC Stock Market8 hrs ago
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