Ron Kiddoo, chief investment officer for Cozad Asset Management, told CNBC’s “Squawk on the Street” that he expects the market to gain more than 10% this year.
“I think we’re in the perfect storm,” Kiddoo said Friday. “We have good employment, stable interest rates, and a growing worldwide economy. It seems like everything is moving in the right direction. The first of the year, I said I thought we’d have 10% improvement in the market. Now, I think it should be even better than that. We’re already at 7% to 8% so I believe we’ll be close to where we were last year at around 15% for the S&P.”