Magnificent 7 poised to dominate Wall Street in 2025 after surpassing $18T valuation
Published: 09:22 13 Dec 2024 EST
The Magnificent 7 – Apple Inc (NASDAQ:AAPL, ETR:APC), Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Amazon.com Inc (NASDAQ:AMZN), NVIDIA Corp (NASDAQ:NVDA, ETR:NVD), Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) and Tesla Inc (NASDAQ:TSLA) – are set to continue outperforming Wall Street in 2025 after their combined valuation topped $18 trillion, according to Dow Jones Market Data.
“The combined market value of the Magnificent Seven now exceeds the annual GDP of every country globally, except for the US and China,” deVere Group CEO Nigel Green noted.
“Their track record of surpassing even the most ambitious projections is unrivaled, cementing their place as the primary drivers of global innovation and wealth creation.”
In the year to date, Apple stock has gained 33.6%, Microsoft 21.2%, Google parent Alphabet 38.9%, Amazon 52.7%, Nvidia 185.2%, Meta 82.2%, and Tesla 68.3%.
Big Tech’s leadership in transformative technologies like AI, cloud computing, EVs, and digital advertising underpins their continued outperformance of the S&P 500, Green believes.
AI remains a core growth engine, with Nvidia leading in hardware, Microsoft excelling in enterprise tools, and Amazon innovating through AWS.
Meta and Tesla are advancing advertising and autonomous driving, while Alphabet and Apple focus on health tech and integrated hardware ecosystems.
“Their ability to beat expectations time and again is a direct result of their relentless focus on innovation, diversification, and executing at scale,” Green said.
“We believe 2025 will be another banner year for these companies, driven by their investment in groundbreaking tech and their dominance in sectors that matter most for the future economy.”
Concerns about valuations or regulatory agreements are outweighed by the opportunities presented by Big Tech, Green believes.
“They are not only disrupting entire industries but also reshaping how we live and work. For forward-thinking investors, these firms remain a cornerstone of any growth-focused portfolio,” he said.
