Power Play: S&P target 2,200

Trader Jason Harper, center, works on the floor of the New York Stock Exchange, Jan. 23, 2015.
Richard Drew | AP Photo

Two top Wall Street strategists following two separate paths, but both will arrive at the same 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.

But Jeremy Zirin, head of U.S. Equity Strategy at UBS Wealth Management Americas, is putting money in small and mid-caps.

"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.