Here's why BMO Capital hiked S&P 500 target to the highest on Wall Street

Brian Belski, chief investment strategist at BMO Capital Markets, joins 'Halftime Report' to explain why BMO is raising its price target to the highest on Wall Street.

[WallaceM.Hilliard]

I am curious, As a soon-to-be retiree, keeping my 401k on track after a bumpy 2022 is a high goal. I've read about investors generating up to $250k ROI in this present sinking market; any suggestions for increasing my ROI before retirement would be greatly appreciated.

[jimmyz]

The last few years have taught us that the "experts" don't know nuttin.

[usazar]

If you believed the Permabear narrative and those guys who have flames in their YouTube thumbnail, you missed this whole rally.

[JordanReam]

is it really worth investing in stocks in 2024, I’ve been on the sidelines watching the market for awhile and it seems to be pretty stagnant to me not that it matters because I’m in it for the long run, but how can one generate actual profit in this current market?

[jhull]

I remember when the mantra was " sell in May and go away."

[yangbomb]

Why? Because they want to. Market makers, pension funds can do whatever they want. No fear in this market

[michaelskyros]

DCA for the win, just keep buying. The market is designed to go higher. It is higher from the 80s, 90s, 2000s, 2010s, and it will be higher in the 2020s. So just keep buying.

[MohHus-ro]

5 months numbers came hot but no one gave a low target one month good numbers all come to give higher numbers

[CapeRN]

Ed Yardeni gave this target months ago

[jimmyz]

Like cadada's BMO knows better than any of us.

[Long_Tail_of_Finance]

S&P at 5600? Here's to Bill Brasky!!

[posterlion]

They must have a position in precious metals mining companies. Those stocks (the best ones) have been on a tear since March 2024. Even Nemont was up 34% in the last quarter.

[Roshan-ppdc]

It's just another 5% from here. S&P already up 11 % YTD

[connorferguson]

Yeah you can set a target, doesn't mean you'll hit it.
And if you miss it, hoooo boy, then there's trouble.

[vijjreddy]

EVEN A MIDDLE SCHOOLER KNOWS 5600 ROUNDS UP TO 6.. RATHER 6000.. WHICH SHOULD BE THE CORRECT TARGET FOR 2024... THAT IS BOLDLY SPEAKING, OR ROUNDED DOWN TO 5000... AS EASILY... BUT IF WE GO BY THE MEDIANS.. THE LOWER FIGURE SHOULD COME DOWN TO 4500 OR SO

[wanjoe]

When they say buy buy buy. Thats when u should sell..didnt this 10 years teach u anything..human always forget

[guitarsender]

Bulls walk up the stairs, bears jump out the window

[forretresss]

Damn he's an even bigger BULL than Tom Lee LOL!

[sbkpilot]

It will climb to 7000 next 18 m9nths then fall 50% to 3500

[xxxxl]

Only 5, 600 ? Are they stupid or what ? We will see 6, 200 by year end !