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U.S. corporate profits cycle remains very strong, says William O’Neil+Co’s Randy Watts.

U.S. corporate profits cycle remains very strong, says William O’Neil+Co’s Randy Watts.

As long as investors see a double-digit profit growth, which is forecast this year and next year, stocks will continue to do well, says Randy Watts, chief investment strategist at William O’Neil+Co. Aleksandra Michalska reports.

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