T3 Live
Shares

Can IWM Hit $300? David Prince Answers

Shares

Tom Lee says IWM is headed for a 40% gain! He's set a $300 target on the fund.

Inner Circle's David Prince is looking for $240 in the near-term:

He's been all over the recent small-cap strength and caught this week's IWM bounce perfectly:

David remains bullish and says he is a buyer on pullbacks.


*chart as of 3:37pm ET July 23, 2024

He says expectations for a rate cut remain good for IWM and small caps.

The Fed's favorite inflation gauge – the PCE price index – is coming up on Friday.

And David believes a soft number could fuel the next leg of this rally.

Click here to apply for the Inner Circle to trade alongside him!

Leave a Comment: