But veteran strategists tell CNBC's "Power Lunch" on Monday you still have to invest carefully.
Sandy Lincoln, chief market strategist at BMO Asset Management U.S. believes you have to be vigilant on stock selection and look at revenue growth.
"Favor more active than passive/index approach. Don't overpay," Lincoln said.
Timothy Ng, chief investment officer at Clearbrook Global Advisors is avoiding telecom and utilities.
"Telecom tends to be capital intensive and with utilities- costs are going up," Ng said.