Jim Cramer and Tom Lee Share a Bullish Call That Could Shape Investors’ Next Move
Two of Wall Street’s loudest voices said the same thing on Monday. Stay bullish. Tom Lee expects 2027 to be a banner year for stocks. Jim Cramer wants people buying Amazon on any dip. July was ugly for stocks.
But Lee says the selling came from one blown-up fund, not weak company profits. That gap drives his call. Tom Lee Says Stocks Are a Coiled Spring Before 2027 Lee runs research at Fundstrat, a Wall Street firm. He expects August to be a recovery month.
He sees the S&P 500 reaching 7,800. It sat near 7,605 on Monday. S&P 500 (SPX) Index Performance. Source: Yahoo Finance Profit forecasts rose in June and July. Share prices did not. Lee calls that a coiled spring. This is not a new view.
Fundstrat lifted its year-end target to 8,000 from 7,700 on June 24. Higher 2027 profits drove it. Tom Lee just raised his year-end $SPX target to 8,000. He's walking through the full thesis live today at 2pm ET.
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