On April 17, UBS strategists stated that they believe US stocks still have room for growth in the next year, thanks to strong corporate profit growth and a robust US economy. Currently, US stocks have entered a new earnings season. UBS expects that profits of S&P 500 companies will grow by about 17% in the first quarter of this year, marking the fastest growth rate since the fourth quarter of 2021. UBS attributes this strong corporate profit growth to the broad growth momentum of the US economy, particularly driven by strong demand for semiconductors related to artificial intelligence infrastructure spending. Additionally, UBS anticipates that the financial and materials sectors will achieve above-average growth and noted that 'actual results are likely to exceed expectations.' The bank pointed out that the corporate earnings reported so far have shown little evidence of negative impacts from the conflict in Iran. (Dongxin News Agency)