Nov 19, 2007

Jason Trennert: Sticking to year-end S&P target of 1600

It's a tall order to get to our year-end target, but I don't want to concede defeat. Whether we get to 1,600 or not, the Lord only knows, but I do feel very strongly that there's enough value in the market that it's not a bad way to bet.

~ Jason Trennert, chief investment strategist, Strategas Research, "Cohen, Bianco See Year-End Rally; Dow Theory Says No,", November 19, 2007

(Trennert, 39, correctly predicted takeovers would send stocks surging earlier this year.)

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