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☆ One of Wall Street's most bullish strategists sees potential for 'bumpy landing'
▼ + stars: | 2024-05-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOne of Wall Street's most bullish strategists sees potential for 'bumpy landing'John Stoltzfus, Oppenheimer chief investment strategist, joins 'Fast Money' to talk what he expects from the markets moving forward.

Persons: John Stoltzfus, Oppenheimer

☆ Context helps right-size market expectations, says John Stoltzfus
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailContext helps right-size market expectations, says John StoltzfusJohn Stoltzfus, Chief Investment Strategist at Oppenheimer Asset Management, discusses what he's watching within the markets today.

Persons: John Stoltzfus John Stoltzfus Organizations: Oppenheimer Asset Management

☆ Wells Fargo hikes S&P 500 year-end target to 5,535, says 'melt-up' in second half likely
▼ + stars: | 2024-04-08 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Expect the stock market's run to record highs to continue as the year goes on, according to Wells Fargo. Christopher Harvey, the bank's head of equity strategy, raised his 2024 S & P 500 target to 5,535 from 4,625, implying a 6.4% upside from here. Wells Fargo' new forecast is one of the highest on the Street, surpassing the 5,500 target from John Stoltzfus at Oppenheimer. .SPX 1Y mountain S & P 500 The market's 2024 took a breather as of late as investors reassessed the Federal Reserve's path to cut interest rates. The S & P 500 declined nearly 1% during the period, its biggest weekly loss since early January.

Persons: Christopher Harvey, Harvey, Wells Fargo, John Stoltzfus Organizations: CNBC Pro Market, Survey, Dow Jones Locations: Wells Fargo, Oppenheimer

☆ Wall Street could be in for another good quarter after an exuberant start to the year, history shows
▼ + stars: | 2024-03-28 | by ( Sarah Min | ) www.cnbc.com time to read: +7 min

Wall Street could be in for another solid quarter as stocks have embarked on a strong start to the year. Specifically, in the second quarter, the S & P 500 was higher 9 out of 11 times, averaging a 2.7% gain. Significantly, two occurrences of those 10% first-quarter gains Detrick reviewed took place during election years, with the S & P 500 ending higher on the year. In 1976, the S & P 500 went on to register a 1.5% increase in the second quarter, and a 4.6% jump for the rest of the year. The Wall Street firm maintained its year-end S & P 500 target of 5,050, representing a 3.8% slide from Wednesday's close.

Persons: Ryan Detrick, We've, there'd, Detrick, CNBC's, Research's Sam Stovall, Stovall, Piper Sandler, Craig Johnson, Brian Nick, Nick, John Stoltzfus, Ayako Yoshioka, Yoshioka, CFRA's Stovall, FactSet Organizations: Nvidia, VanEck Semiconductor, Dow Jones, Carson Group, Macro, PMI, Manufacturing, ADP, Survey, Services PMI, Weston Holdings, Conagra Brands, Consumer Credit Locations: U.S

☆ There's a new biggest bull on Wall Street, and he sees the S&P 500 rising to 5,500
▼ + stars: | 2024-03-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Oppenheimer's John Stoltzfus has reclaimed his place as the most optimistic when it comes to year-end S & P 500 targets. Stoltzfus, the firm's chief investment strategist, hiked his forecast for the S & P 500 to 5,500 from 5,200. He had the highest target price heading into the year at 5,200, but was outdone as some beat him to increasing their forecasts. Stoltzfus also increased his earnings projection for the S & P 500 in 2024 by $10 to $250, making him tied for another Street high. The benchmark S & P 500 has climbed nearly 10% so far in the new year.

Persons: Oppenheimer's John Stoltzfus, Stoltzfus, JPMorgan's Dubravko Organizations: CNBC Pro, Social Security, CNBC

☆ The broadening of the market is bullish for industrials, says John Stoltzfus
▼ + stars: | 2024-02-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe broadening of the market is bullish for industrials, says John StoltzfusJohn Stoltzfus, Chief Investment Strategist at Oppenheimer Asset Management, discusses the S&P 500's surge to 5,000 and the broader markets.

Persons: John Stoltzfus John Stoltzfus Organizations: Oppenheimer Asset Management

☆ Investors can expect 1-2 rate cuts in the second half of 2024, says Oppenheimer's John Stoltzfus
▼ + stars: | 2024-02-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors can expect 1-2 rate cuts in the second half of 2024, says Oppenheimer's John StoltzfusJohn Stoltzfus, Oppenheimer Asset Management chief investment strategist, joins 'Squawk Box' to discuss the Fed's rate decision, takeaways from Fed Chair Powell's presser, rate path outlook, and more.

Persons: Oppenheimer's John Stoltzfus John Stoltzfus, takeaways, Powell's presser Organizations: Oppenheimer Asset Management

☆ 'This is not the tech bubble': A 41-year market veteran explains why US stocks are still cheap after surging to all-time highs — and names 4 investments that can lead markets even higher
▼ + stars: | 2024-01-25 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The S&P 500 rose for nine straight weeks, its longest winning streak since 2004, as optimism built about future interest rate cuts. Stoltzfus predicted that S&P 500 earnings will end 2024 between $240 and $250. "Just about everything that you buy costs more today than it cost in 2019, 2020, before 2021 when this started taking hold, except for stocks," Stoltzfus said. Another argument that's more widely discussed is that last year's gains were driven by a handful of large growth stocks. "Some, on a multiple basis, are considerably cheaper outside of Big Tech," Stoltzfus said.

Persons: John Stoltzfus, Stoltzfus, he's, It's, Ameriprise's Anthony Saglimbene, DWS Group's David Bianco, Goldman Sachs, Tesla, —, Oppenheimer, Stocks, that's, it's Organizations: Business, Oppenheimer Asset Management, University of Michigan, Stoltzfus, Apple, Microsoft, Netflix, Nvidia, Big Tech, Software, isn't, Facebook, Google Locations: industrials

☆ CNBC Pro Talks: Top strategists and stock pickers share their 2024 market playbook
▼ + stars: | 2024-01-11 | by ( Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Top strategists and stock pickers share their 2024 market playbookThe S&P 500 ended 2023 with a bang, up 24% on the year despite persistent recession warnings, a regional banking crisis, widespread tech layoffs, and 'higher-for-longer' interest rates. Can the stock market momentum continue into 2024? Oppenheimer's John Stoltzfus, Requisite Capital Management's Bryn Talkington and Capital Wealth Planning's Kevin Simpson each break down their 2024 market outlooks and field stock-specific questions from CNBC PRO subscribers.

Persons: Oppenheimer's John Stoltzfus, Bryn, Kevin Simpson Organizations: Wealth, CNBC Locations: Bryn Talkington

☆ RBC raises 2024 S&P 500 target despite the pullback to start the year
▼ + stars: | 2024-01-08 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Lori Calvasina, the bank's head of U.S. equity strategy, raised her year-end S & P 500 price target to 5,150 from 5,000. This is approximately 9.6% higher than the S & P 500's Friday closing level of 4,697.24. Last week, the S & P 500 snapped a nine-week winning streak as investors began pulling back on the technology titans. The yield on the benchmark U.S. 10-year Treasury also traded above 4% last week, further placing downward pressure on the equity market. Calvasina's bear case sees the S & P 500 closing at 4,770 in 2024, just 1.5% above Friday's close.

Persons: Lori Calvasina, Calvasina's, Oppenheimer's John Stoltzfus, Calvasina, she's, hasn't, Russell Organizations: RBC Capital, titans, Treasury, Wall Locations: U.S

☆ After a banner 2023, the market faces a tough challenge for a repeat performance
▼ + stars: | 2024-01-02 | by ( Bob Pisani | ) www.cnbc.com time to read: +3 min

Since 1928, the S & P 500 has finished up 20% or more about 36% of the time. Yes, 2022 was down about 19%, but the S & P has posted declines of 10% or more only 12% of the time since 1928. Could the S & P gain 20% again in 2024? That run from 1995 to 1999 was certainly epic, but that was the last time the S & P 500 saw back-to-back 20% gains. Regardless, with the S & P 500 closing the year at 4,769, a 20% gain next year would mean the S & P would hit 5,722.

Persons: Ben Carlson, Jessica Rabe, Nicholas Colas, Tom Lee, John Stoltzfus Organizations: Ritholtz Wealth Management, DataTrek Research, Fundstrat Global Advisors, Oppenheimer Asset Management

(PRO subscribers can view the official 2024 strategist survey here . ) "Lifting our 12-month S & P 500 target to 5100 as inflation falls, the Fed turns dovish, and real yields plunge," Kostin wrote. Other Wall Street firms with similarly bullish forecasts include Citigroup and BMO Capital Markets, which each have S & P 500 price targets of 5,100. Barclays' Venu Krishna was even more bearish, anticipating the S & P 500 would fall to 3,725. Entering the penultimate trading week of the year, the S & P 500 is almost 23% higher in 2023, while the Nasdaq Composite has advanced almost 42%.

Persons: —, Stocks, Sam Stovall, Monday, Stovall, Goldman Sachs, David Kostin, Kostin, John Stoltzfus, Stoltzfus, America's Savita Subramanian, JPMorgan's, Bujas, Morgan Stanley, BofA's Subramanian —, Venu Krishna, Oppenheimer's John Stoltzfus, Dow Industrials Organizations: CNBC, Federal Reserve, Dow Jones, CFRA Research, Goldman, Oppenheimer Asset Management, Citigroup, BMO Capital Markets, Bank, America's, Nvidia, Microsoft, Barclays, Nasdaq Locations: Friday's

☆ Oppenheimer has one of the most bullish outlooks for 2024. Here's where it sees the S&P 500 going
▼ + stars: | 2023-12-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Oppenheimer has high hopes for the S & P 500 next year amid growing corporate earnings. That suggests 13% upside and 8.4% higher than the S & P's all-time closing high on Jan. 3, 2022. .SPX YTD mountain S & P 500 year to date Morgan Stanley , on the other hand, sees the S & P 500 falling to 4,500 over the next 12 months — a 2% drop from Friday's close. Wolfe Research also sees the index retreating, issuing a 2024 year-end price target of 4,250. He's projecting earnings of $240 per share for the S & P 500, about 9% higher than for 2023.

Persons: Oppenheimer, John Stoltzfus, Goldman Sachs, Morgan Stanley, Wolfe, Stoltzfus Organizations: Citi, BMO Capital Markets, Bank of America, Wolfe Research

☆ Stocks just had their best month of the year. Why it happened and who led the way
▼ + stars: | 2023-11-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

The S & P 500 entered Thursday up 8.5% in November, on track for its best month since July 2022. .SPX 1M mountain November is shaping up to be the best month of the year for the S & P 500. Through mid-November, when 94% of S & P 500 companies had reported results, third quarter earnings were tracking about 4.3% above the same time last year, according to FactSet. Top stocks Another important change in November is the stocks leading the way. Of the 10 biggest stocks in the S & P 500, five rose at least 10% in November, including the two largest in Apple and Microsoft .

Persons: John Stoltzfus, Oppenheimer, Angelo Kourkafas, Edward Jones, It's, it's, Yung, Yu Ma, That's, Santa Claus, Chris Verrone, — CNBC's Michael Bloom Organizations: Treasury, Federal, PCE, Fed, CNBC, Expedia, Carnival Corp, Generac Holdings, Paramount Global, Insulet Corp, BMO Wealth Management, Apple, Microsoft, Tesla, Energy, OPEC Locations: U.S, Santa

☆ Less likely bonds will stay competitive with equities, says Oppenheimer's Stoltzfus
▼ + stars: | 2023-11-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLess likely bonds will stay competitive with equities, says Oppenheimer's StoltzfusJohn Stoltzfus, Oppenheimer Asset Management chief investment strategist, joins 'Squawk on the Street' to discuss equity markets, the latest move in bonds, and the margins story from Q3.

Persons: Oppenheimer's Stoltzfus John Stoltzfus Organizations: Oppenheimer Asset Management

☆ Take advantage of this stock market correction and another quarter of strong earnings by making these 10 moves now, according to top strategists at 4 investment firms
▼ + stars: | 2023-11-01 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

The S&P 500 is down 7% since the start of September and briefly entered correction territory from its summer high last week. However, strategists say these threats are mostly priced into stocks, but higher earnings aren't. After three straight quarters of contracting profits, both BofA and UBS expect earnings to grow at least 3% year-over-year in Q3. "Within the context of our expectations for a continued choppy backdrop, we are incrementally more positive," Lerner wrote in a late October note. Truist's more constructive view on equities is based on strong results so far in Q3, Lerner wrote.

Persons: Oppenheimer, Savita Subramanian, Marcelli, David Lefkowitz, Lefkowitz, John Stoltzfus, Stoltzfus, Keith Lerner, Lerner, it's, Truist, Mark Haefele Organizations: Bank of America, UBS, Bank of America's, Equity, UBS Global Wealth Management, Federal Reserve, Israel, Oppenheimer Asset Management Locations: Israel, Ukraine, Truist, Real, Charlotte

☆ Oppenheimer slashes forecast for S&P 500, but still sees stocks rising from here
▼ + stars: | 2023-10-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

John Stoltzfus, the firm's chief investment strategist, said in a note to clients Monday that he was cutting his year-end 2023 target for the S & P 500 to 4,400 from 4,900. .SPX YTD mountain The S & P 500 has fallen from its late summer highs. Oppenheimer's new target is still above the average of 4,358 in the CNBC Market Strategist Survey . The change comes after the S & P 500 entered a correction — a decline of 10% of more — last week. The S & P 500 remains 7% higher for the year.

Persons: Oppenheimer, John Stoltzfus, Stoltzfus, — CNBC's Michael Bloom Organizations: CNBC Market, Survey Locations: U.S, East, Europe, Asia

☆ The S&P 500 will rocket 18% by year-end as the economy stays strong and the Fed ends interest rate hikes, Oppenheimer investment chief says
▼ + stars: | 2023-10-27 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The S&P 500 could soar another 18% by year-end, according to Oppenheimer. In an interview with CNBC on Thursday, Stoltzfus reiterated his S&P 500 price target of 4,900 by the end of the year. Of the 17% of S&P 500 companies that reported third-quarter earnings last week, 73% have beaten analysts' estimates, according to FactSet data. That could be bullish for stocks, considering that rate hikes weighed the S&P 500 down heavily in 2022. In 2022, he predicted the S&P 500 would surge to 5,330, but then slashed that target several times as the year went on.

Persons: Oppenheimer, That's, —, John Stoltzfus, Stoltzfus, You've, that's Organizations: Service, Federal, CNBC, Fed, Treasury

☆ Stoltzfus: Stocks can still outperform bonds in a higher rate environment
▼ + stars: | 2023-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStoltzfus: Stocks can still outperform bonds in a higher rate environmentJohn Stoltzfus, Chief Investment Strategist at Oppenheimer Asset Management, discusses the road ahead for the markets and the impact of higher rates.

Persons: John Stoltzfus Organizations: Oppenheimer Asset Management

☆ Morgan Stanley says the average stock is breaking down, S&P 500 to fall to 3,900 by year-end
▼ + stars: | 2023-10-16 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

The odds of a fourth-quarter rally for the S & P 500 are coming down as higher rates and slower growth pressure equities, according to Morgan Stanley's Mike Wilson. The S & P 500 approached its 200-day moving average — around 4,224 — earlier this month. .SPX YTD bar SPX in 2023 Wilson now forecasts the S & P 500 to fall to 3,900 by the end of 2023. According to the CNBC Market Strategist Survey , the average 2023 target for the S & P 500 is at 4,392, with the median target even higher at 4,500. Sean Simonds of UBS is the only other top strategist who forecasts the S & P 500 pulling back to 3,900.

Persons: Morgan Stanley's Mike Wilson, Wilson, Stocks, SPX, Sean Simonds, Oppenheimer's John Stoltzfus, — CNBC's Michael Bloom Organizations: Federal, CNBC Market, Survey, UBS

☆ Stoltzfus: Avoid the noise and listen to the markets' signals
▼ + stars: | 2023-09-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStoltzfus: Avoid the noise and listen to the markets' signalsJohn Stoltzfus, Chief Investment Strategist at Oppeneheimer Asset Management, discusses his outlook for the markets into year-end.

Persons: John Stoltzfus Organizations: Oppeneheimer Asset Management

☆ Oppenheimer's John Stoltzfus on why he's keeping his 4,900 price target for the S&P 500
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOppenheimer's John Stoltzfus on why he's keeping his 4,900 price target for the S&P 500John Stoltzfus, Chief Investment Strategist at Oppenheimer Asset Management, discusses his S&P 500 price target, the impact of rising rates, and which sectors he's watching closely.

Persons: John Stoltzfus Organizations: Oppenheimer Asset Management

☆ CNBC Daily Open: There is an alternative
▼ + stars: | 2023-08-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Nvidia Stock Soar | Future Publishing | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rather, it was "a pause that refreshes" — a healthy adjustment to "oversold market conditions," Stoltzfus wrote. "Fixed income just looks relatively attractive, especially [relative to] where [we] were just a couple of years ago," said Kevin Gordon, senior investment strategist at Charles Schwab . Whatever choice investors make, then, it's made under a backdrop of heathy conditions — something rare since the pandemic.

Persons: chipmakers, that's, Oppenheimer, John Stoltzfus, Stoltzfus, Kevin Gordon, Charles Schwab, Ashish Shah, it's, Adam Crisafulli Organizations: Nvidia, Future, CNBC, Dow Jones, Nasdaq, Treasury, Goldman Sachs Asset Management Locations: Hangzhou, China, U.S

☆ Stocks are on track for a 28% gain this year, and the bull market will stretch into 2024, Oppenheimer says
▼ + stars: | 2023-08-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The S&P 500 is on track to gain 28% this year after a dismal 2022, Oppenheimer said. Stoltzfus, who has made the case for a huge stock market rebound since January, raised his S&P 500 target for the year to 4,900. "A broadening of the rally across S&P 500 sectors suggests that the bull market that emerged from the October 2022 lows has legs to run higher into 2024," Stoltzfus added. Other Wall Street commentators have turned more bullish on stocks as the S&P 500 nears its all-time-high of 4,796, which it hit in January 2022. The benchmark index is likely to hit a new record price this year, some forecasters say, thanks to inflation dropping and financial conditions easing into 2024.

Persons: Oppenheimer, John Stoltzfus, Stoltzfus Organizations: Service, Federal Reserve, Fed Locations: Wall, Silicon

☆ Oppenheimer strategist projects S&P 500 will eclipse record high by year end
▼ + stars: | 2023-08-01 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo License this content on Reuters ConnectNEW YORK, Aug 1 (Reuters) - Oppenheimer Asset Management on Tuesday projected the S&P 500 would rise above its record high by year end, the latest Wall Street firm to grow more bullish on the outlook for stocks following the market's rally this year. Oppenheimer lifted its year-end price target for the S&P 500 to 4,900 from the 4,400 projection it set in December, Chief Investment Strategist John Stoltzfus said in a note. The S&P 500 record closing high is 4,796.56, reached on Jan. 3, 2022, while the index's intraday record is 4,818.62, which it hit on Jan. 4, 2022. Oppenheimer's more bullish view comes after Citigroup (C.N) recently boosted its S&P 500 price target by 15%, saying the more upbeat view reflected increased probability of an economic soft landing.

Persons: Brendan McDermid, Oppenheimer, John Stoltzfus, Stoltzfus, Morgan Stanley, Michael Wilson, Lewis Krauskopf, Noel Randewich, Chris Reese Organizations: New York Stock Exchange, REUTERS, Reuters, Oppenheimer, Management, Citigroup, Thomson Locations: New York City, U.S, San Francisco

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