Amazon stock 2024: An e-commerce powerhouse

Amazon took the runner-up spot, delivering a 50% stock gain in 2024 and adding $753 billion in market value. The e-commerce and cloud computing titan contributed 6.4% of the S&P 500’s total gains. Analysts forecast profit growth of 77% this year and another 21% in 2025, further cementing Amazon’s status as a cornerstone of the modern economy.

Apple stock 2024: Driving innovation and revenue

Apple’s 33% stock gain in 2024 showcased the company’s continued ability to innovate and deliver value. Strong iPhone sales and services revenue drove its performance, with Q4 earnings beating expectations at $1.64 per share, a 12% year-over-year increase. Revenue reached $94.93 billion. The iPhone 16, featuring AI-powered innovations, signals strong momentum for further growth.

Walmart stock 2024: A resilient retail story

Proving that retail isn’t dead, Walmart surprised investors by soaring 78% this year, adding $342 billion in market value and accounting for roughly 3% of the S&P 500’s total gains. With a CS Rating of 91 and robust profit growth expected in fiscal 2025 and 2026, Walmart demonstrated that traditional retail can thrive in a tech-driven world.

The Stock market losers of 2024

While some stocks soared, other stocks fell, dragging down the market's overall momentum. Ten companies, including Intel, Nike, Boeing, and Moderna shed a combined $383.2 billion in value this year, underscoring the volatility and challenges some sectors faced.

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