BMO Capital Markets: S&P 500 to Continue Rally Through Year-End Led by Microsoft, Nvidia and Other Top Stocks
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The S&P 500 has rallied this week on optimism about earnings and interest rates. BMO Capital Markets sees gains continuing through year-end.
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BMO's US large-cap stock list has beaten the S&P 500 by 3.7% annually since 2008.
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The 15 stocks in BMO's list are up 25.5% in the last year, more than double the S&P 500.
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Top stocks in the list include Microsoft, Nvidia, AbbVie, Costco, and Mastercard.
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BMO's year-end S&P 500 target is 4,550, which implies a 5.3% gain from current levels.