With the advancement of artificial intelligence (AI), the tech bull market in the U.S. stock market is set to enter its third year. Along with the rise of Broadcom, a new stock combination, "BATMMAAN," has emerged.

The "BATMMAAN" Combination Explained:

This new combination builds upon the previous seven giants, adding Broadcom (AVGO. US). The eight tech giants included in "BATMMAAN" are:

Broadcom (AVGO. US)

Apple (AAPL. US)

Tesla (TSLA. US)

Microsoft (MSFT. US)

Meta Platforms (META. US)

Amazon (AMZN. US)

Google-A (GOOGL. US)

Nvidia (NVDA. US)

As the "BATMMAAN" concept emerges in the market, tech stocks continue to play a pivotal role in the U.S. market. According to Wall Street analysts, these eight companies have a potential upside of between 64% and 145%. Notably, Nvidia, after soaring 239% in 2023 and 171% in 2024, is expected to continue rising by 64% in 2025.

Looking ahead to 2025, Wedbush believes that with the regulatory environment from the Trump administration fading away, stronger AI initiatives are underway. These initiatives are poised to drive substantial growth for major tech companies, ushering in a new golden age for the tech industry.

Source: uSMART, Data as of 3 Jan 2025

Detailed Analysis:

Broadcom (AVGO)

Semiconductor giant Broadcom's CEO, Hock Tan, stated that the AI spending boom by major tech companies will continue through the end of this decade, potentially lasting until 2030. He revealed that by 2027, Broadcom’s clients may deploy up to 1 million AI chips in AI chip clusters, which could bring hundreds of billions of dollars in annual revenue growth. Analysts believe that if Broadcom’s CEO’s forecast for the ASIC market is accurate, the company’s AI-related ASIC business could see double-digit growth each year over the next three years, becoming the next Nvidia.

Apple (AAPL)

With the momentum expected at the end of 2024, Apple is on track to become the first company with a market value exceeding $4 trillion in 2025. Wedbush analysts have raised Apple’s target price to $325, corresponding to a market cap of $4.5 trillion. They believe Apple is entering a multi-year AI-driven iPhone upgrade cycle, and Wall Street has yet to fully recognize the potential of this cycle. With the development of hundreds of applications for Apple Intelligence, Apple is set to open up a new stream of service revenue.

Tesla (TSLA)

Since Trump’s presidential win, Tesla’s stock has surged, fueled by investor enthusiasm. Many believe that Tesla’s recent success is more due to narrative momentum. Analysts remain optimistic about Tesla's long-term plans, including advancements in autonomous driving, robotaxi production, and the potential regulatory changes from Trump's re-election. Wedbush analysts maintain a "Outperform" rating on Tesla, raising its target price from $400 to $515, and predict that Tesla's stock price could reach $650 by the end of 2025, pushing the company’s total market cap above $2 trillion.

Microsoft (MSFT)

Microsoft’s stock target price was raised from $500 to $550 by Loop Capital analysts. They argue that, due to substantial capital investments needed to support generative AI programs, market expectations for the company’s growth in the coming years are artificially low. The analysts believe that Microsoft’s stock should trade at a premium compared to other major software companies.

Meta (META)

Meta’s stock has risen 66% this year, making it the third-best performer in the "BATMMAAN" group, behind Nvidia and Broadcom. Analysts at JMP Securities highlighted several growth catalysts for Meta, including recent AI advancements, the development of its mid-term messaging business, and the long-term potential of extended reality (XR). They are optimistic about Meta’s integration of AI into its advertising tools, which could significantly improve ad performance.

Amazon (AMZN)

As the world’s largest cloud computing provider, Amazon has recently been lagging behind competitors like Microsoft and Google. To regain its competitive edge, Amazon is speeding up its efforts to build an advantage in AI computing. Reports indicate that Amazon is launching its next-generation foundation model, Amazon Nova, and has teamed up with Anthropic to develop the world’s largest AI supercomputer. Analysts believe that Amazon’s share of the cloud services market, now over 50%, will bring significant AI revenue potential over time.

Google (GOOGL)

In 2024, one of the most significant developments in the tech world was the launch of Google’s quantum computing chip, Willow. According to Google, Willow achieved incredible results in benchmark testing, completing a standard calculation in under five minutes—something that would take the top supercomputers billions of years to accomplish. Google’s CEO, Sundar Pichai, stated that 2025 will be a crucial year for the company, as it faces increasing AI competition and regulatory challenges. The company’s Gemini application is expected to be a major focus in the coming years.

Nvidia (NVDA)

Nvidia’s stock surged over 170% in 2024, briefly reaching the highest market value globally. According to reports, Nvidia will continue to invest in robotics in 2025, with plans to release a new compact computing system for humanoid robots, Jetson Thor, in the first half of the year. Analysts at Morgan Stanley predict that Nvidia will remain the “top pick” for 2025, with the launch of its new Blackwell chip series expected to drive the company’s growth and allay any lingering concerns from investors.

Conclusion:

As we look toward 2025, the strong growth of "BATMMAAN" companies driven by artificial intelligence will continue to capture market attention. These tech giants are well-positioned for further gains, with substantial breakthroughs expected in AI, semiconductors, and robotics. Investors should keep a close eye on these companies' innovations and growth potential, as they could see impressive stock price increases in the coming years.