Goldman Sachs sees S&P 500 hitting 6,500 in 2025 amid 'narrowing' Big Tech outperformance
Published On Nov 19, 2024, 10:06 AM
Goldman Sachs has projected that the S&P 500 will reach 6,500 by the end of 2025, indicating a potential gain of about 11% from current levels. This optimism is supported by expectations of continued economic growth and stability in bond yields. However, the firm notes that the dominance of major technology stocks, known as the 'Magnificent Seven,' is expected to narrow, resulting in a more balanced performance across the S&P 500. In anticipation of increased M&A activities and a revival of small business optimism, Goldman Sachs suggests investing in companies tied to small businesses and those likely to benefit from AI advancements, particularly Apple and Meta.