Prediction: The S&P 500 Will Hit 10,000 in 2027
The S&P 500 is within shouting distance of a big milestone.
Overview
The S&P 500 (SNPINDEX: ^GSPC) is closing in on another strong year in 2026, up roughly 14% year to date after closing on Oct. 7 at 7,801. The current bull market is around four years old, having begun in October 2022, but I think stocks have plenty of upside ahead. In fact, I predict the S&P 500 will hit 10,000 in 2027. That would be another 28% gain from here.
Here's why I think the S&P 500 will hit 10,000 next year.
Details
While there is a lot of talk about the market being at a historically high valuation when using metrics like the CAPE ratio and Buffett indicator (the market's total market cap divided by GDP), the S&P 500 is actually at its cheapest level in more than 30 years when using a more traditional PEG (price/earnings-to-growth) ratio.
Source
Originally published at www.fool.com.