It seems like the bulls are back in charge on Wall Street, but legendary investor Byron Wien says that buyers shouldn't get too euphoric.
It seems like the bulls are back in charge on Wall Street, but legendary investor Byron Wien says that buyers shouldn’t get too euphoric.
“I don’t think there’s a lot of upside from…not a lot more value than current levels,” Wien told the business network. He said that he is forecasting that the S&P 500’s full year earnings per share, or EPS, will be $225 and predicted that it could be $250 for 2022, which could embolden a bit more buying next year. FactSet data show that the 2021 EPS is $199 and projects that EPS in 2022 will be $218.
France Dernières Nouvelles, France Actualités
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