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Bullish Outlook On Technology

The major U.S. indices are falling off record highs, but Kim Forrest sees further room for growth. Forrest has a $5,195 price target on the S&P 500 Index (SPX), which implies a ten percent move higher from where the major equity index closed Wednesday, Jan. 5, 2022. Where she sees the biggest opportunities are within the business-oriented technology and semiconductor sectors, which Forrest says are well-positioned to benefit from a global resurgence in economic activity following the current surge of the Omicron variant of COVID-19.

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05 Jan 2022

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