Eyeing 'near-term bottom', analyst 'excited for back-half of the year'

STORY: "Our view is for company fundamentals to continue looking healthy," said Ellegard. "When you actually look at valuations of companies, they're not outstretched like they were last year - they're really starting to come in, without a whole lot of earnings revisions.... Right now, our expectation is for a strong back half of the year."

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