GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Free 7-day Trial
All Articles and Columns »

Big Bull Jeremy Seigel: Dow 17000 Very Likely

September 17, 2012 | About:
Dheeraj Grover

Dheeraj Grover

Well-know big bull and professor at Wharton School of Business Jeremy Seigel was on CNBC to discuss his outlook for the U.S. stock market and predicts that Dow reaching 17,000 is highly attainable.

-- He thinks based on past historical performance of Dow and valuations, there is a 50/50 chance that the Dow may head to 17000.

-- Lot of big money managers still sitting with piles of cash and entering the market will also be a factor in Dow achieving 17000 levels.

-- He has been predicting 15000 for some time now.

Credit and Source : CNBC,

Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 2.0/5 (7 votes)


Cogitator99 - 2 years ago
Has anyone bothered to look at Siegel's predictions lately and how they've done? Honestly, it just doesn't seem to me like his arguments are great recently.
Noblepaladin - 2 years ago

@Cogitator99 he's been saying up up up for a while now, just look at a chart of the DOW or SP500, it's been up. I am not very convinced by his arguments (I think it's much easier to predict individual stocks than the broad market), but nobody can say he is wrong when the market is going up the last 2-3 years.

Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial