For three consecutive years, double-digit profits are expected, Wall Street says the bull market in US stocks still has support.
According to the Securities Times APP, observers who suspect that the growth engine of American companies is about to stall should take note: there is still fuel in the tank. Data compiled by Jufu Rui shows that, according to information from sell-side analysts, profit growth for the S&P 500 index is expected to accelerate annually until 2027 through bottom-up target price summation analysis. This will consecutive three years of double-digit profit expansion, a rare phenomenon historically accompanied by above-average returns for the S&P 500 index.
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