The Standard & Poor's 500 Index could gain as much as 15 percent over the course of this year, according to Pimco Deputy Chief Investment Officer Virginie Maisonneuve.
U.S. stocks will benefit from a "very benign growth-inflation environment," as well as the Federal Reserve's gradual tapering of its quantitative easing program, she said on CNBC's "Halftime Report" on Friday.
Stocks will also be supported by rising capital expenditures and strong balance sheets, Maisonneuve said.
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