With stocks sharply higher over the past month, and the looming seasonal uncertainty of the markets, it's time to raise some cash.

That's the assessment from Sameer Samana, global equity strategist at Wells Fargo Investment Institute, which has a year-end target of 2,800-2,900 on the S&P 500. The broad index currently stands at roughly 2,897.

Samana expects the consumer discretionary sector to lead the markets in the coming months.

 

More from Video

Jim Cramer Says That This Is a Question All Investors Must Ask Themselves

Jim Cramer Says That This Is a Question All Investors Must Ask Themselves

Consumers Are 'Very Active' in Expected Strong Holiday Season: Mastercard Exec

Consumers Are 'Very Active' in Expected Strong Holiday Season: Mastercard Exec

Don't Let a Short-Term Headwind Cloud Your Focus, Jim Cramer Says

Don't Let a Short-Term Headwind Cloud Your Focus, Jim Cramer Says

Jim Cramer Says, 'You Can't Fall in Love With the Stocks'

Jim Cramer Says, 'You Can't Fall in Love With the Stocks'

How Vulnerable the U.S. Economy Is -- Recession Watch

How Vulnerable the U.S. Economy Is -- Recession Watch