Tom Lee says it's 'very probable' stocks will sail past 7,700 this year

The S & P 500 is likely to surge past 7,700 this year as investors shrug off threats to U.S. stocks posed by the Iran war, Tom Lee, head of research and managing partner at Fundstrat Global Advisors, said. "We've come out the other side of this Iran war with the economy showing remarkable strength … so I think we passed that test," Lee told CNBC's "Power Lunch" on Monday. …