Raymond James Sees ‘Multiple Expansion’ to Drive Stock Market Returns — Here Are 2 Stocks to Play That Bullish Sentiment

It’s time to take out the crystal ball and try to see what lies ahead for the stock market this year. So far, it’s clear that stocks are rebounding somewhat from the trough of 2022, and one Wall Street expert says there’s more runway for gains.

Writing of the 2023 market situation, Larry Adam, chief investment officer from Raymond James, notes that last year was the second consecutive year of multiple compression – but that situation rarely repeats a third time. He’s predicting a…

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