Video: This One Factor Should Drive Stocks Higher in 2018

Earnings growth should drive stocks higher in 2018, not multiple expansion, according to Oliver Pursche, chief market strategist at Bruderman Brothers.

Pursche said analysts are expecting an 18% rise in earnings for 2018, a high hurdle to meet in his view. Though any double-digit growth in earnings is enough to push stocks higher, he noted.

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