Goldman Sachs anticipates key market themes for 2025, following a robust performance in 2023 and 2024, where the S&P 500 gained over 20%. Investors are curious about the continuation of this bull market amid potential interest rate cuts and political shifts. Goldman suggests a nearly 13% rise for the S&P 500 in 2025 and highlights five trends:
- Artificial Intelligence, with emphasis on platforms like Nvidia and Snowflake.
- Deregulation, benefiting firms like Citigroup.
- Energy Demand, notably for AI data centers, with Sempra as a focus.
- Deglobalization, driven by tariffs, with Vulcan as a play.
- Consumer Resiliency, with picks including Burlington Stores and Norwegian Cruise Line.
