
Tom Lee sees this Vanguard index fund soaring 129%

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Tom Lee, co-founder of Fundstrat Global Advisors, predicts the S&P 500 will reach 15,000 by the end of the decade, representing a 129% upside. He recommends the Vanguard S&P 500 ETF (VOO) as the best investment vehicle for this growth. Lee attributes his bullish outlook to ongoing labor shortages and the rise of automation, which he believes will significantly boost the tech sector's influence in the index. Additionally, millennials are expected to inherit $68 trillion, further driving investment into major companies within the ETF.
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