Can the S&P 500 Hit 1720 Next Year?

I like post titles that are questions rather than statements because it doesn’t require any commitment from me. Still, if we take some reasonable assumptions, we can arrive at very decent numbers for the S&P 500 one year from now.

Right now, Wall Street expects the S&P 500 to earn $97.45 this year and $107.68 for 2012. If we assume an earnings multiple, which is hardly excessive, then we get a year-end target of 1723 for the index.

Posted by on December 8th, 2011 at 3:07 pm


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