| Wells Fargo's market guru is recommending momentum stocks as investors face the final 50 days of trading in 2021.
The Wall Street firm expects the S&P 500 to rally 5% during the countdown to 2022 and sees stocks like Alphabet and Expedia leading the way.
Wells Fargo senior equity analyst Christopher Harvey told clients in early October to buy tech stocks, which outperformed the broader market. However, now he says it's time for a tilt toward momentum, and tech could see weakness as the Federal Reserve begins to taper its bond-buying programs.
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Wells Fargo says investors should buy momentum stocks! See the high momentum stock list.
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