The “BATMMAAN” stocks saved the day in December. Will this trend continue into 2025?
In December, U.S. stock-market breadth took a hit, narrowing significantly after a broad-based post-election rally. However, investors have responded by turning to familiar strategies – bidding up shares of megacap technology giants like Broadcom Inc.
Dubbed the “Magnificent Seven,” these tech giants have seen their shares surge in recent times, bringing hope that they can stabilize the market and provide respite from the recent downturn.
Source: https://www.marketwatch.com/story/the-batmmaan-stocks-swooped-to-the-markets-rescue-in-december-will-they-keep-climbing-in-2025-75ac36bc