Today, we analyze the analysts, noting that they tend be influenced by stock market meltups—thus fueling the meltups—and during meltups tend to raise their long-term earnings growth rates unrealistically high. Nevertheless, we explain why we follow their forward earnings, revenues, and profit margin projections closely. We also give our projections for the S&P 500 companies’ operating earnings, revenues, profit margins, as well as the index’s the forward P/E and our S&P 500 price targets now through 2026, when we expect the S&P 500 price index to reach 6500.
Below is exclusive early access to Dr Ed's Webcast for paid members. This post and video will open to the public on a later date.
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