Tom Lee Says S&P 500 Could Hit 8,000 by End of August, With 9,000 in Sight

Fundstrat co-founder Tom Lee says the S&P 500 could reach 8,000 by the end of August, while his earnings math already points to a potential 9,000.
Lee says 2027 earnings estimates are heading toward $425, which would put the index near 9,000 at a 20x multiple.