Fall Forecast:

Barron’s interviewed 10 strategists and the consensus view is for a 4% rise to 1700 by year end for the SP500. Looking for 2013 earnings of $107.85 and $116.50 next year. They like technology and industrial stocks, which should have good profit growth in 2014. Bond-like equities will continue to underperform. However, Tobias Levkovich of Citi says utility stock valuations are “compelling.”

Three of the ten expect a decline to about 1600.

David Kostin of GS likes AMXN, NFLX, R, RHI and LUV. Thomas Lee of JPM likes DIS, TWX, PCLN and MA.

OTHER NOTES

An article touts Carmike Cinemas. A “follow-up” on RUTH, currently at $11.82, can get to $15 in the next couple of years.

Allstate (ALL) at $47 can gain 50% over the next few years, according to Ken Crawford at Argent Capital. The stocks is at 1.1x book value and 9.3x estimated 2014 EPS. Those multiples are below the market. The yield is 2.1% and there is a $1b+ share repurchase program.

Newcastle Investment (NCT) is a REIT is going to focus on senior living, which is primarily mom-and-pop owners. NCT is targeting a 20% ROE.