"Unveiling the Perfect Storm: Stock Market's 'Once-in-a-Generation' Buy Opportunity"

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Source: Markets Insider
"Unveiling the Perfect Storm: Stock Market's 'Once-in-a-Generation' Buy Opportunity"
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TL;DR Summary

Investment chief Richard Bernstein believes that the stock market is on the verge of a "once-in-a-generation" buying opportunity, as profits are expected to accelerate for companies throughout the market. Bernstein argues that the current dominance of mega-cap stocks will give way to significant gains in under-loved areas of the market over the next decade. He sees this shift in market leadership as similar to the period of the 2000s when underdog sectors saw substantial returns while the biggest leaders in the S&P 500 declined. Bernstein suggests that investors should consider moving away from expensive mega-cap stocks and towards more attractively priced shares in small-cap and mid-cap stocks. Other forecasters also anticipate big gains for the broader market.

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