The S & P 500 rose 24% in 2023, ending the year just shy of a record closing high.
The highest S & P 500 target on the Street calls for 8.7% upside from Thursday's close.
A fund with exposure to small and midcap semiconductor stocks is the SPDR S & P Semiconductor ETF (XSD) .
Exposure to this space can be obtained through the SPDR S & P Health Care Equipment ETF (XHE) .
For these investors, Bailey likes Berkshire Hathaway , calling it a counter-cyclical sitting on a ton of cash.
Persons:
Larry Adam, Raymond James, Robert Kaplan, Steven Wieting, Wieting, there's, Mike Bailey, — Bailey, Bailey, They're, Berkshire Hathaway, Eli Lilly, they're, Jack Ablin, Ablin, Rowe Price
Organizations:
Nasdaq, Dow Jones Industrial, CNBC Pro's, Survey, National Association for Business Economics, Dallas Federal, CNBC, Bank of America, Fed, CNBC Pro, Citi Global Wealth, Nvidia, Meta, Microsoft, P Semiconductor, P Health Care, FBB Capital Partners, Corporate, Aggregate Bond, Berkshire, Essex Property Trust, Federal Realty Trust, Rowe Price Group
Locations:
Essex