Investors may see better performance from value, small-cap and international stocks, strategist Brad McMillan said.
The US equity benchmark has risen about 25% in 2023.
The seven largest U.S. tech stocks are expected to post 22% earnings growth next year.
These are the key themes as the S&P 500 nears its first all-time high in two years.
Expectations for a soft landing have lessened the need among investors to invest in "safe" tech giants.
With the Fed saying rate hikes are over, it's time to reallocate for long-term returns.
Emerging-market stocks have gained 16% this year excluding China.
Investors are leaving defensive measures behind and focusing on buying and holding the benchmark gauge.
Technology and industrials are among the bank's overweight positions.
The MSCI World Index is just 3% from its peak after climbing 21% this year.
This outperforming Pzena fund says the relentless selling of Chinese stocks is overdone.
Thanks to deep economic changes, smaller firms overall are less profitable, less exciting and more indebted.
The company is expected to be valued at no less than $800 million.
The firm's analysts see the S&P 500 at 5,100 points by the end of next year.
Much depends on the Fed's reactions to economic changes, according to the company's market outlook report.
Pharmaceutical companies' patent extensions allow them to artificially raise prices, the investors say.
The Fed signaled rate cuts next year. Stocks rose.
The MAX S&P 500 4X Leveraged ETNs promise to quadruple the daily returns of the benchmark index.
Despite the unknowns, the firm's active managers are bullish on their positioning.
Advisors can use behavioral finance to help clients capture higher returns on their investments.