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Wall Street bull makes case for S&P 500 to hit 5,200 in 2024

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Another Wall Street strategist sees record highs for the S&P 500 in 2024. Oppenheimer chief investment strategist John Stoltzfus projects the S&P 500 (^GSPC) will close next year at 5,200, matching Fundstrat's Tom Lee for the highest target tracked by Yahoo Finance. The call reflects about 13% growth for the benchmark average over next year from Friday's close. "The big story here from what we can see is it just looks like the US economy is bigger than the negative pitchbook of the bears," Stoltzfus told Yahoo Finance in a nod to economic data that has surprised to the upside…

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