S&P 500 Will Rise To 5,600 By End Of 2024 As Average Stock Catches Up, Goldman Says (2024)

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S&P 500 Will Rise To 5,600 By End Of 2024 As Average Stock Catches Up, Goldman Says (2024)

FAQs

S&P 500 Will Rise To 5,600 By End Of 2024 As Average Stock Catches Up, Goldman Says? ›

S&P 500 Will Rise To 5,600 By End Of 2024 As Average Stock Catches Up, Goldman Says. Derek Saul has covered markets for the Forbes news team since 2021.

What is the growth forecast for the S&P 500 in 2024? ›

Analysts project 11.5% earnings growth and 5.5% revenue growth for S&P 500 companies in 2024. Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year.

How much does the S&P 500 go up each year on average? ›

However, our opinions are our own. See how we rate investing products to write unbiased product reviews. The S&P 500 has gained about 10.7% annually since its introduction in 1957. The S&P 500's annual average return in 2023 was 24%, so far it is 19% in 2024.

How much is S&P 500 expected to grow? ›

Wall Street analysts are projecting S&P 500 companies will continue to report steady earnings growth. They forecast a 5.4% earnings growth in the third quarter and 15.7% earnings growth in the fourth quarter. Still, the S&P 500's forward price-to-earnings ratio is 20.2.

What is the outlook for the S&P 500 in 5 years? ›

Overall, Yardeni Research forecasts S&P 500 operating earnings at $250 in 2024, up 12% vs 2023. He puts them at $270 in 2025 (up 8%) and $300 in 2026 (up 11.1%). These figures compare with analysts' consensus forecasts of $244.70 in 2024, $279.70 in 2025 and $314.80 in 2026.

What is the main stock forecast for 2024? ›

Main Street Capital Stock Forecast & Predictions: 1Y Price Target $49.25 | Buy or Sell NYSE: MAIN 2024 | WallStreetZen.

What stock will boom in 2024? ›

Best stocks in 2024
S.No.NameCMP Rs.
1.Man Infra191.15
2.BLS Internat.430.70
3.Black Box506.00
4.RHI Magnesita576.95
22 more rows

How much is the S&P up in the last 5 years? ›

S&P 500 5 Year Return is at 93.01%, compared to 85.29% last month and 55.36% last year. This is higher than the long term average of 45.87%.

What is the return of the S&P YTD in 2024? ›

So far in 2024 (YTD), the S&P 500 index has returned an average 19.09%.

What are the 5 top performing US stocks for 2024 year to date? ›

Best S&P 500 stocks as of September 2024
Company and ticker symbolPerformance in 2024
General Electric (GE)71.2%
Targa Resources (TRGP)69.1%
Constellation Energy (CEG)68.3%
Eli Lilly (LLY)64.7%
6 more rows

How much will the S&P 500 be worth in 2030? ›

Stock market forecast for the next decade
YearPrice
20276200
20286725
20297300
20308900
5 more rows
Aug 16, 2024

Will the market correct in 2024? ›

Anthony Denier, CEO of the trading platform Webull, says he believes the stock market will ultimately post a positive return in 2024 as investors anticipate interest rate cuts by the Fed.

What is the best industry to invest in 2024? ›

In 2024, that means communication services, information technology and financials, as the best performers, are on their way to good things for the remaining 10 months. Meanwhile, the tail-end trio that will keep on with their losing ways are materials, utilities and real estate.

What is the forecast for the S&P 500 in 2024? ›

That math suggests the S&P 500 should be above 5,300 at year-end. Meanwhile, our valuation model, which implies that the S&P 500 can arrive at a P/E of more than 22x by the end of 2024, continues to offer one of the more optimistic forecasts in our tool kit.

What is the target for the S&P in 2024? ›

June 17 (Reuters) - Goldman Sachs has raised its 2024 year-end target for the S&P 500 Index (. SPX) , opens new tab to 5,600 from 5,200, citing strong earnings growth by five mega-cap U.S. tech stocks and a higher fair value price-to-earnings ratio multiple.

Is now a bad time to invest in the S&P 500? ›

Also, research suggests that when it comes to the S&P 500's historical returns, there's never been a bad time to buy as long as you're a long-term investor.

What is the stock market forecast for 2025? ›

The Fed's median forecast for 2025 is 4.1%, while nearly all market participants currently see rates below 4.1% by September 2025, according to the CME FedWatch Tool.

What is the sp500 expected to return in 2030? ›

Fundstrat's Tom Lee raised eyebrows last month when he made an extremely bullish prediction: the S&P 500 will nearly triple by 2030. In an interview with Bloomberg's Odd Lots, Lee said he expects the S&P 500 to top 15,000 by the end of the decade. The index closed last week around 5,555.

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