For those who have heard of him, would probably know that he has called for a 2023’s rally when most were bearish. Some say he’s a permanent bull.
Anyway, he has recently increased his price target from 4,750 to 4,825.
What’s interesting is that AI isn’t the main reason behind his revision. He’s actually bullish about the macro environnement such as falling inflation, slim chance of recession and better earnings estimates.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Palantir (PLTR.US)$ $Sea (SE.US)$ $Grab Holdings (GRAB.US)$ $Amazon (AMZN.US)$ $Meta Platforms (META.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ $Nike (NKE.US)$ $Starbucks (SBUX.US)$ $Bank of America (BAC.US)$ $Alphabet-A (GOOGL.US)$ $NVIDIA (NVDA.US)$ $Taiwan Semiconductor (TSM.US)$ $Advanced Micro Devices (AMD.US)$

$AMC Entertainment (AMC.US)$ me at $39, come fetch me please