Morgan Stanley is firmly bullish on US stocks: Strong earnings support the bull run, with the S&P 500 expected to rise another 16% to 7800 points next year.

According to Jinse Finance, Morgan Stanley's Chief U.S. Equity Strategist Michael Wilson has issued one of the most bullish views on U.S. stocks. He predicts that supported by strong corporate earnings, the S&P 500 index will rise by 16% over the next year. Michael Wilson expects that by the end of 2026, the S&P 500 index will be trading around 7,800 points. This target is among the highest levels among Wall Street strategists and also means that the index will achieve double-digit gains for the fourth consecutive year. Data shows that the S&P 500 index has big pumped 14% so far this year, following more than 20% gains in the previous two years.