Societe Generale: bullish on S&P 500 index to 8000 points, suggests buying on dips

Societe Generale stated that the strong profitability of American companies is spreading outward from large technology stocks and supporting the stock market. 86% of companies have exceeded expectations and their profit margins are at historical highs. The 2026 earnings per share forecast has been raised to $335. Societe Generale stated that investment in artificial intelligence remains strong and expects the S&P 500 index to reach 8000 points, urging investors to buy on dips.