In 2025, stock market gains were impressive, with broad index funds up around 16% and tech-heavy funds closer to 20%. Individual stock owners saw significant gains, making financial planning less daunting. The year’s winners included Western Digital, Seagate Technology, Micron Technology, and companies with AI connections like Lam Research and Palantir Technologies.

Retail investors also played a role in the market’s success. Robinhood Markets saw a surge as retail trading platforms had a banner year. Precious metals like gold had a historic run alongside tech and growth stocks. Miners like Newmont, Barrick Gold, and Agnico Eagle Mines also saw significant gains.

Some companies made comebacks in 2025, with Intel and Warner Bros Discovery posting impressive gains. The Magnificent Seven, including Alphabet, delivered strong returns. Alphabet’s rally was fueled by Berkshire Hathaway’s interest and technological advancements, while speculation around Meta Platforms added intrigue.

2025’s best stocks shared traits like mid to large market caps and access to major market themes like AI infrastructure. Capital flowed freely into the market, driving gains in AI-related stocks and gold. Tech powerhouses like Amazon and Meta may have lagged in 2025, but their competitive dynamics and proactive approach to regulation suggest long-term strength.

The concentration of capital in companies with pricing power and growth narratives was a key theme of 2025. Winners tend to continue winning, but the winner-take-all dynamic can be uncomfortable. Despite the challenges, the market delivered real returns, reinforcing the importance of strong companies in a year of abundant capital.

Read more at Yahoo Finance: Stocks had a great run in 2025. Here’s what powered the market