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You have to ‘cut multiple heads off’ to defeat this stock bull market

hercules hydra myth

It’s going to take a heck of a lot more than some tech stock selling to derail the eight-year bull market.

So says Morgan Stanley, which is currently the most bullish firm on Wall Street, with a year-end price target of 2,700.

Prior to some recent selling in tech, stock skeptics were decrying narrow leadership as mega-cap companies like Amazon and Apple dragged the broader market higher. But Morgan Stanley said the rotation out of tech into more cyclical and attractively-priced sectors like financials and healthcare is a “positive sign of broadening participation.”

“Just as Hercules had to cut multiple heads off read more >>>

Source:: BusinessInsider.Com

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