An analyst for Fundstrat say that US stocks are set to continue their bull run in 2021.
On Thursday, Fundstrat's Tom Lee released its 2021 outlook.
He outlined how the S&P 500 could surge 16% to 4,300 by the end of next year.
Pent-up demand due to the COVID-19 pandemic leads to a stronger-than-expected recovery in GDP.
A surge in demand from consumers could be sparked by a "pandemic finale." Business Insider says declining volatility and low interest rates are also supportive of the stock market.