A Handful of Stocks Led Wall Street in 2024. Can They Continue Their Momentum In 2025?
If the iShares MSCI USA Momentum Factor ETF ($MTUM) is any indication, momentum stocks had themselves a year to remember. The ETF — which boasts buzzy holdings such as Broadcom, Walmart ($WMT), and JPMorgan Chase ($JPM) — rose more than 33% last year, outstripping major index performances and offering a glimpse into one corner of America’s red-hot market. But can 2024’s momentum boil over into 2025?
- Among the 505 stocks in the S&P 500, 141 outperformed the index — and of the 101 assets in the Nasdaq 100, just 25 outperformed.
- This means most of America’s record rally came from just a handful of stocks, and they’ll be closely watched by investors in 2025.
Who was among the fantastic? Momentum names like Applovin, MicroStrategy, and Palantir rose more than 741%, 379%, and 349% in 2024 — and will be moderated by the masses as they look for banner growth in 2025. In addition, earnings from megacap semiconductor giants like Nvidia and Broadcom could make or break major indexes in 2025, which is considered instrumental in the AI trade. And that’s just a glimpse — stay tuned as we cover more names likely to make a difference this year.
