Two top Wall Street strategists following two separate paths, but both will arrive at the same S&P target this year if they are right, 2,200.
On CNBC's "Power Lunch" Friday, Mary Ann Bartels, portfolio solutions CIO at Bank of America Merrill Lynch, said she favors high-quality large-cap stocks. Within large-caps, Bartels is betting on technology, semiconductors, industrials and transports. We can "get multiples expansion in a low interest rate environment," Bartels said.
"Earnings for small and mid-caps should exceed large-caps. The dollar appreciated dramatically, a bigger headwind for large-caps. They have bigger international exposure," Zirin said.
Despite different strategies, both Bartels and Zirin said the bull market is intact.