Mixed Market Predictions for 2024 Amid Bullish EV Outlook and Fraud Warnings
Bank of America foresees a 'stock picker's paradise', while Goldman Sachs anticipates a meager year and Jim Chanos warns of fraud opportunities.
- Bank of America predicts the S&P 500 will rise to 5,000 next year, creating a 'stock picker's paradise'.
- Analysts are bullish on EV-related stocks, with two of them predicted to have more than 100% upside.
- Goldman Sachs suggests a cautious approach to investing in 2024, anticipating a meager year.
- Jim Chanos, renowned short-seller, warns of a 'golden age of fraud', providing plentiful short opportunities.
- Despite a rough year for dividend stocks, experts see potential opportunities in this sector.