UBS raises S&P 500 year-end forecast because of giant profit comeback

cnbc2021-07-14

The second-quarter earnings season is off to a strong start, and UBS thinks the rising corporate profits should keep pushing the stock market higher for at least the next year. David Lefkowitz, head ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SSVC
2021-07-14
SSVC
Interesting Appreciate your response and comments Thanks
- Acella:
  ?
- 小小馒头:
  Sure!
- Starbucks:
  Wow looks possible! [Happy]
Abundance Thankful
2021-07-14
Abundance Thankful
Wow
andybian
2021-07-14
andybian
Comment & like
- 小小馒头:
  Sure!
- Cicaf:
  Ok
henghm
2021-07-14
henghm
Like and comment
GohKS
2021-07-14
GohKS
Latest. Please like and comment. Thank you.
- henghm:
  like and comment
J.G
2021-07-14
J.G
Hodl
- Praveenh:
  Hi

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1158142413?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-14 07:47","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1158142413","market":"us","top_or_hot":-1,"title":"UBS raises S&P 500 year-end forecast because of giant profit comeback","media":"cnbc","content":"<div>\n<p>The second-quarter earnings season is off to a strong start, and UBS thinks the rising corporate profits should keep pushing the stock market higher for at least the next year.\nDavid Lefkowitz, head ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/ubs-raises-sp-500-year-end-forecast-because-of-giant-profit-comeback.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UBS raises S&P 500 year-end forecast because of giant profit comeback</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUBS raises S&P 500 year-end forecast because of giant profit comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 07:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/13/ubs-raises-sp-500-year-end-forecast-because-of-giant-profit-comeback.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The second-quarter earnings season is off to a strong start, and UBS thinks the rising corporate profits should keep pushing the stock market higher for at least the next year.\nDavid Lefkowitz, head ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/13/ubs-raises-sp-500-year-end-forecast-because-of-giant-profit-comeback.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPY","symbol_name":"标普500ETF","start_time":0,"source_url":"https://www.cnbc.com/2021/07/13/ubs-raises-sp-500-year-end-forecast-because-of-giant-profit-comeback.html","article_id":"1158142413","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/07/13/ubs-raises-sp-500-year-end-forecast-because-of-giant-profit-comeback.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1158142413","pubTimestamp":1626220040,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"The second-quarter earnings season is off to a strong start, and UBS thinks the rising corporate pro","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPY":"标普500ETF",".SPX":"S&P 500 Index"},"translate_title":"瑞银上调标普500年终预期因巨额利润回升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".SPX":0.9,"SPY":0.9},"content_text":"The second-quarter earnings season is off to a strong start, and UBS thinks the rising corporate profits should keep pushing the stock market higher for at least the next year.\nDavid Lefkowitz, head of equities for the Americas at UBS Global Wealth Management, hiked his targets for the S&P 500, projecting the index to reach 4,500 by December 2021 and 4,650 by June 2022. UBS had previously projected the index to reach 4,400 and 4,500, respectively, at those intervals.\nOn a year-over-year basis, UBS sees profits for S&P 500 companies jumping more than 80% this quarter and revenue rising by 15%.\n“Our estimates for the second quarter imply that S&P 500 earnings will beat consensus estimates by 15%. The bottom-up consensus suggest earnings will decline by 8% relative to the first quarter. This makes little sense to us,” the note said.\nThe S&P 500 traded around 4,388 at midday Tuesday, 2.5% below the December UBS target but above the average year-end target among major strategists, according to theCNBC Market Strategist Survey.\nThe second-quarter earnings season has seen a number of high-profile beats already, includingPepsiCo,JPMorganandGoldman Sachson Tuesday.\nDespite those reports, the banks’ stocks fell during Tuesday’s session. UBS said in the note that investors shouldn’t worry about short-term reaction to quarterly results and instead trust that rising profits will keep the bull market going.\n“In the last couple of earnings seasons, large earnings beats have not always been rewarded by the market. We can’t rule out a similar experience this earnings season. But we advise investors to not lose sight of the big picture,” the note said.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":145222588,"gmtCreate":1626226540144,"gmtModify":1703755865643,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3574906731000207","idStr":"3574906731000207"},"htmlText":"Interesting Appreciate your response and comments Thanks&nbsp;","listText":"Interesting Appreciate your response and comments Thanks&nbsp;","text":"Interesting Appreciate your response and comments Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/145222588","repostId":1158142413,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5216909,"gmtCreate":1626259222329,"gmtModify":1663230957846,"authorId":3563150446821026,"author":{"id":3563150446821026,"idStr":"3563150446821026","authorId":3563150446821026,"name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145222588,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5215810,"gmtCreate":1626250283563,"gmtModify":1663230950929,"authorId":3580629550243320,"author":{"id":3580629550243320,"idStr":"3580629550243320","authorId":3580629550243320,"name":"小小馒头","avatar":"https://static.tigerbbs.com/8662af09a6a7d2e9548f6a2e76832bc6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145222588,"type":1,"supId":0,"prevId":0,"content":"Sure!","text":"Sure!","html":"Sure!"},{"id":5214841,"gmtCreate":1626240414454,"gmtModify":1635229588435,"authorId":3573818563583937,"author":{"id":3573818563583937,"idStr":"3573818563583937","authorId":3573818563583937,"name":"Starbucks","avatar":"https://static.tigerbbs.com/adf9c30b19f3cc477ca4f1198d2c8b81","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145222588,"type":1,"supId":0,"prevId":0,"content":"Wow looks possible! [Happy]","text":"Wow looks possible! [Happy]","html":"Wow looks possible! [Happy]"}],"langContent":"EN"},{"id":145680470,"gmtCreate":1626221146590,"gmtModify":1703755684407,"author":{"id":"3572176137415007","authorId":"3572176137415007","name":"Abundance Thankful","avatar":"https://community-static.tradeup.com/news/3596d672dc89783cd009721d4bab5ddb","vip":1,"crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3572176137415007","idStr":"3572176137415007"},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145680470","repostId":1158142413,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145610547,"gmtCreate":1626220814789,"gmtModify":1703755669978,"author":{"id":"3579868315520587","authorId":"3579868315520587","name":"andybian","avatar":"https://static.tigerbbs.com/4c74644b433cb4c92e518b5e3d2a2cf1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"3579868315520587","idStr":"3579868315520587"},"htmlText":"Comment &amp; like","listText":"Comment &amp; like","text":"Comment & like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/145610547","repostId":1158142413,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5215813,"gmtCreate":1626250298769,"gmtModify":1663230950830,"authorId":3580629550243320,"author":{"id":3580629550243320,"idStr":"3580629550243320","authorId":3580629550243320,"name":"小小馒头","avatar":"https://static.tigerbbs.com/8662af09a6a7d2e9548f6a2e76832bc6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145610547,"type":1,"supId":0,"prevId":0,"content":"Sure!","text":"Sure!","html":"Sure!"},{"id":5212165,"gmtCreate":1626222977239,"gmtModify":1663230934333,"authorId":3582685915272084,"author":{"id":3582685915272084,"idStr":"3582685915272084","authorId":3582685915272084,"name":"Cicaf","avatar":"https://static.tigerbbs.com/89d23feb4d833b076b3c82458b3d41f0","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.89%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145610547,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":145634860,"gmtCreate":1626220726850,"gmtModify":1703755666408,"author":{"id":"3578451349447391","authorId":"3578451349447391","name":"henghm","avatar":"https://static.tigerbbs.com/ca41bf4eae57d98d93422d97c7246c98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3578451349447391","idStr":"3578451349447391"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145634860","repostId":1158142413,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":145636896,"gmtCreate":1626220615915,"gmtModify":1703755662208,"author":{"id":"3555032609535572","authorId":"3555032609535572","name":"GohKS","avatar":"https://static.tigerbbs.com/ddc1a9348de7602d7224f258a5a3fa00","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3555032609535572","idStr":"3555032609535572"},"htmlText":"Latest. Please like and comment. Thank you.","listText":"Latest. Please like and comment. Thank you.","text":"Latest. Please like and comment. Thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145636896","repostId":1158142413,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211665,"gmtCreate":1626220737673,"gmtModify":1663230932641,"authorId":3578451349447391,"author":{"id":3578451349447391,"idStr":"3578451349447391","authorId":3578451349447391,"name":"henghm","avatar":"https://static.tigerbbs.com/ca41bf4eae57d98d93422d97c7246c98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145636896,"type":1,"supId":0,"prevId":0,"content":"like and comment","text":"like and comment","html":"like and comment"}],"langContent":"EN"},{"id":145694541,"gmtCreate":1626220423383,"gmtModify":1703755653124,"author":{"id":"3550452395291547","authorId":"3550452395291547","name":"J.G","avatar":"https://community-static.tradeup.com/news/f3b7e4a1bdc8b3dbace47c5425c0f42a","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3550452395291547","idStr":"3550452395291547"},"htmlText":"Hodl","listText":"Hodl","text":"Hodl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145694541","repostId":1158142413,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5211633,"gmtCreate":1626220604833,"gmtModify":1663230931931,"authorId":3582899687128084,"author":{"id":3582899687128084,"idStr":"3582899687128084","authorId":3582899687128084,"name":"Praveenh","avatar":"https://community-static.tradeup.com/news/ca83e56c05c3554c5521208a847e1257","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.07","exceedPercentage":"93.76%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":145694541,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":70,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1158142413"}