Market Insider

Where strategists see stocks ending the year

VIDEO4:2504:25
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.