3 reasons stocks will keep rising this year

Stocks closed lower on Wednesday, marking a third-straight session of losses for the S&P 500 (^GSPC) and underscoring the seasonal trend of market declines in September.

But one of Wall Street’s most prominent bulls thinks the S&P could gain another 13% this year.

“Yes, there is still a fair amount of uncertainty to be resolved in the coming months that will likely lead to shorter periods of heightened volatility, but we continue to believe that higher US stock prices through year-end is the path of least resistance with our bull case scenario (5,050) becoming increasingly more likely,” BMO Capital Markets Chief Investment Strategist Brian Belski wrote on Tuesday night.

Source: Yahoo Finance