Market Insider

Where strategists see stocks ending the year

Stocks that have room to run

By the numbers, the U.S. stock market appears to be on solid footing.

Stocks have surged since U.S. President-elect Donald Trump's surprise victory, on bets that his promised infrastructure spending and tax cuts will boost growth. Major indexes and sub-indexes have jumped to all-time or multi-year highs, indicating to many strategists that stocks should only move higher.

The average year-end target on the S&P 500 is now 2,209, according to CNBC's survey of 15 market strategists this week, which includes two firms that gave only 12-month targets. The median year-end target is 2,225, with earnings per share of $119.