If you’ve been on the sidelines during this record stock market rally, it’s time to get off the bench and into the game. Why? Because Wall Street’s best and brightest are shouting from the rooftops that this rally is just getting started!
In a recent article, growth investing expert Luke Lango laid out the bullish case, saying:
“There seems to be enough economic ammunition for a strong earnings season. That’s why current estimates call for 8% profit growth across the entire S&P 500 this quarter.”
Luke Lango
Lango goes on to argue that if companies deliver on these strong earnings, “that should be good enough for a summer pop across the whole stock market.” I couldn’t agree more!
But here’s the real kicker. Lango believes falling inflation will compel the Fed to cut rates over the next few quarters, turbocharging economic activity and corporate profits. In fact, he notes that:
“S&P 500 profit growth is expected to steadily improve from about 8% this quarter to over 15% by the summer of 2025. That represents a huge profit growth ramp for the entire market over the next 12 months!”
Luke Lango
My takeaway? The smart money is piling into stocks right now in anticipation of this massive earnings boom. As Lango puts it:
“Therefore, it isn’t time to run away from stocks. It is time to run toward them.“
Luke Lango
Look, I’ve been in this game a long time and I’ve seen my share of bull and bear markets. But the stars are aligning for a truly historic run in stocks. The insiders can see it plain as day.
So here’s my advice: don’t get left behind while the Wall Street fat cats get even fatter. Take a page from their playbook and load up on high-quality stocks poised to crush earnings in the coming quarters.
Need some ideas on where to look? Check out Luke Lango’s top picks to ride this record-setting rally. Because mark my words, this opportunity won’t last forever. It’s time to back up the truck and buy with both hands!
