The buy-the-dip regime in stocks is back – and investors should take advantage of the recent pullback in equities as the economy is expanding, according to Fundstrat’s head of research Tom Lee.
Lee, who has been bullish on stocks for most of the past year’s bear market, pointed to the sharp fall in equities Thursday after ADP’s payroll report, which showed the private sector added 497,000 jobs last month, about double what economists expected.
