Depending on what you’ve been buying, 2025 has been either a great year or one full of heartburn. The broad-based S&P 500 Index is down 0.6% year to date but 4.9% from a February 19 52-week high reached in the aftermath of November’s election.
Meanwhile, mega-cap tech stocks such as Apple (AAPL), Amazon.com (AMZN) and Google parent Alphabet (GOOGL) are all in the red since January 1 despite being go-to leaders over the last few years.
As the old saying goes, however, past performance is no indicator of future returns.
We could very well see old Silicon Valley favorites rise again – or, on the other hand, we could see the market stumble across the board as other companies start to underperform, too.
But for trend-following investors who believe current momentum sets the tone for what’s next, it’s worth watching the following five momentum standouts that have skyrocketed in 2025 and stand apart from the rest of Wall Street.
Each has a unique business model driving its success as well as unique risks to continued growth.
All are momentum stocks that are valued at more than $800 million to prove a measure of stability. And all have more than doubled since where they were trading in December, though some have surrendered some gains amid this year’s volatility, including a significant stock market sell-off.
Here are five momentum stocks that have posted impressive gains in a tough year and are well-positioned for more upside from here.
Data is as of May 21.