Wien On Why Stocks Can Keep Moving Higher in 2014

Top strategist Byron Wien, who has a good long-term track record but was bearish in what was a great 2013 for stocks, is sounding bullish. Wien says the Federal Reserve’s loose money, low interest rate policies were big driver for stocks in 2013. Still, Wien tells CNBC that he doesn’t think the big year has made stocks overvalued. “If the economy keeps on growing at a 2 percent or better rate, if earnings do improve, maybe even being disappointing but still improving, and if valuations aren’t excessive –and they’re not — stocks can go higher next year,” Wien says.

Validea’s Top Five Gurus Portfolio is up 44% in 2013. Check out its holdings here.   Screen shot 2013-12-05 at 6.29.16 PM