Published on 11 Aug 2023 on TipRanks via Yahoo Finance
RBC Predicts 100% Gains for These 2 Stocks — Here’s Why They Have Strong Upside
August has proven to be a challenging month for stocks; however, the trend throughout this year has been bullish, with the S&P 500 rising 16%.
According to RBC’s technical strategist Robert Sluymer, this upward trajectory is not a fleeting blip; rather, he views it as indicative of a prolonged secular bull market cycle – one that might lead the S&P to reach a peak near 14,000 in the mid-2030s.